Asiana Airlines Decides to Lend 30 Billion KRW to Air Seoul
[Asia Economy Reporter Lee Jung-yoon] Asiana Airlines announced on the 10th that it has decided to lend 30 billion KRW to its affiliate Air Seoul.
This amount corresponds to 2.75% of its equity capital, with an interest rate of 6%. The purpose is to provide operating funds, and the contract period is from the 24th of this month to March 24, 2023.
Hot Picks Today
As Samsung Falters, Chinese DRAM Surges: CXMT Returns to Profit in Just One Year
- "Most Americans Didn't Want This"... Americans Lose 60 Trillion Won to Soaring Fuel Costs
- Trump’s Approval Rating Drops to 37%, Lowest Since Return to Office
- Samsung Union Member Sparks Controversy With Telegram Post: "Let's Push KOSPI Down to 5,000"
- "Why Make Things Like This?" Foreign Media Highlights Bizarre Phenomenon Spreading in Korea
The company stated, "The money lending details pertain to the extension of the loan limit deadline for matured loans, and the loan amount will be executed within the 30 billion KRW limit as needed after consultation between the parties based on the limit."
This content was produced with the assistance of AI translation services.
© The Asia Business Daily(www.asiae.co.kr). All rights reserved.
