As of 1:30 PM on the 11th, Korean Air is trading at 28,650 KRW, up 1.24% from the previous day. The trading volume is 4,874,162 shares, which is 69.43% of the previous day's volume. Korean Air is known as the number one airline transportation company in South Korea.


On December 10th, Choi Goun, a researcher at Korea Investment & Securities, stated, "By acquiring Asiana Airlines, Korean Air has become a monopolistic operator in the Korean aviation market. With the Industrial Bank of Korea's support focused on Korean Air, the financial burden has been significantly reduced. Ultimately, it has secured a definite number one premium. In addition to the in-flight meal business, the sale of Wangsang Leisure Development is also accelerating. In 2021, additional liquidity efforts such as the Songhyeon-dong site and the LA hotel will continue. Korean Air has proven itself as the airline responsible for the future of the Korean aviation market." He set the target price for Korean Air at 32,000 KRW.


Over the past five days, individual investors have net sold 1,664,689 shares of Korean Air, while foreigners and institutions have net bought 993,063 shares and 725,726 shares respectively.



※ Source: AI Investment Assistant AI Rassiro


※ This article was generated in real-time by an automated article generation algorithm jointly developed by Asia Economy and the financial AI specialist company Thinkpool.


This content was produced with the assistance of AI translation services.

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