KOREAN AIR

Stephen Costley December 13, 2024

KOREAN AIR completed acquisition of 63.88% of ASIANA AIRLINES for KRW800b, bringing total investment through a third-party allotment capital increase to KRW1,500b. AIR INCHEON is taking Asiana's air cargo freighter business.

Stephen Costley

Steve Costley is responsible for the overall production SpeedNews. Steve has over 30 years of experience with SpeedNews, now part of the Aviation Week Network. He joined the company in August 1989 as an Associate Editor and was named Managing Editor in 1994. He was also named Vice President and Chief Operating Officer of SpeedNews, Inc., in the late 1990s, and held those titles until Prism Business Media acquired the company from Gil Speed in 2006.

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