Hong Kong, March 4 -- Asiana Airlines has fully repaid the 3.8 trillion won (US$2.6 billion) it borrowed from the Export-Import Bank of Korea, Key Industrial Stability Fund and Korea Development Bank in 2019 and 2020. Read More The loans strengthened Asiana's balance sheet, repaid creditors and supported the carrier's recovery from COVID. The 1.38 trillion won outstanding on the loans was repaid with funds sourced from financial markets, Asiana revealed late last week. It also noted its healthier financial strength now it has merged with former rival, Korean Air.
Published by HT Digital Content Services with permission from Orient Aviation....