CEO of Asiana Airlines announces plans to drop routes and flights amid mounting debts

By : Arirang News

Published On: 2019-04-02

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00:31

South Korea's Asiana Airlines will carry out internal restructuring, reduce routes and sell its assets as it contends with mounting debts.
The measures were outlined on Monday in a letter to the company's employees from CEO Han Chang-soo.
While the exact details were not given,... Han explained the airline will first sell additional assets to secure liquidity.
He also said Asiana will slash routes that have proven unprofitable.

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