Korean Air Increases Liquidity Cushion With Planned Share Issue
Credit: Korean Air via Twitter
Korean Air has decided on a substantial issue of new shares as part of its efforts to raise KRW2.2 trillion ($1.8 billion) in funds to boost liquidity during the COVID-19 crisis. The airline’s board has approved the planned stock offering, which would raise an estimated KRW1 trillion. The remainder...
Subscription Required
Korean Air Increases Liquidity Cushion With Planned Share Issue is published in Aviation Daily, an Aviation Week Intelligence Network (AWIN) Market Briefing and is included with your AWIN membership.
Already a member of AWIN or subscribe to Aviation Daily through your company? Login with your existing email and password
Not a member? Learn how to access the market intelligence and data you need to stay abreast of what's happening in the air transport community.
Related Content
