Korean Air Signs Sale Deal For Inflight Services

Korean
Credit: Korean Air
Korean Air has reached an agreement to sell its inflight catering and duty-free businesses, valuing them at KRW990.6 billion ($835 million). The carrier is offloading the business units to private equity company Hahn & Co. as part of efforts to improve its liquidity. Korean Air signed an MOU in July...
Adrian Schofield

Adrian is a senior air transport editor for Aviation Week, based in New Zealand. He covers commercial aviation in the Asia-Pacific region.

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