[Hot Stock] Asiana Airlines Soars on News of 1.7 Trillion Won Funding Support from Creditors
[Asia Economy Reporter Minji Lee] As news spread that creditors decided to provide approximately 1.7 trillion won in financial support, Asiana Airlines is soaring.
At 9:25 a.m. on the 22nd, Asiana Airlines was trading at 4,620 won, up 13.51% from the previous session. At the same time, affiliates Asiana ITD (14.92%) and Air Busan (8.25%) are also showing upward trends.
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On the previous day, KDB Industrial Bank and Korea Eximbank each held a Credit Committee and an Expanded Credit Committee, respectively, to approve the Asiana Airlines support agenda. The additional 1.7 trillion won in support is in the form of a credit line loan, allowing Asiana Airlines to use funds within the loan limit as needed.
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