{"id":237297,"date":"2020-11-17T07:00:16","date_gmt":"2020-11-17T06:00:16","guid":{"rendered":"http:\/\/www.travelreport.se\/?p=237297"},"modified":"2024-02-02T12:36:38","modified_gmt":"2024-02-02T12:36:38","slug":"korean-air-lines-takes-over-asiana-in-state-backed-deal","status":"publish","type":"post","link":"https:\/\/www.travelreport.se\/en\/korean-air-lines-tar-over-asiana-i-statsstodd-affar\/","title":{"rendered":"Korean Air Lines takes over Asiana in state-backed deal"},"content":{"rendered":"<figure class=\"wp-block-image size-large\"><img decoding=\"async\" src=\"https:\/\/www.travelreport.se\/wp-content\/uploads\/2015\/02\/Marquee-Fleet-A380-1024x621.jpg\" alt=\"\" class=\"wp-image-223574\"\/><figcaption>Photo: koreanair.com<\/figcaption><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\">Korean Air Lines (KAL) says it will take over rival Asiana Airlines in a state-backed deal aimed at helping South Korea&#039;s two largest airlines survive the coronavirus pandemic, Nikkei reports.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">KAL announced on Monday that it will purchase newly issued shares in Asiana for 1.5 trillion won, equivalent to approximately 11.7 billion kronor, and corporate bonds for an additional 300 billion won. This will give KAL a 63.9 percent stake in Asiana. To finance the deal, KAL will raise 2.5 trillion won from its shareholders.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">State-owned Korean Development Bank (KDB) has announced that it is helping with the deal by investing 800 billion won in KAL&#039;s parent company Hanjin KAL, capital that will be used to buy new shares in KAL.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u201d&quot;We realized that without restructuring in the aviation industry, it is uncertain whether airlines would survive until after the corona pandemic,&quot; KDB said in a statement.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Source: news agency direct<a rel=\"noreferrer noopener\" href=\"https:\/\/linkedin.com\/shareArticle?mini=true&amp;url=https%3A%2F%2Fwww.di.se%2Flive%2Fkorean-air-lines-tar-over-asiana-i-statsstodd-affar%2F\" target=\"_blank\"><\/a><\/p>","protected":false},"excerpt":{"rendered":"<p>Flygbolaget Korean Air Lines (KAL) uppger att det kommer att ta \u00f6ver rivalen Asiana Airlines i en statsst\u00f6dd aff\u00e4r, som g\u00f6rs i syfte att hj\u00e4lpa Sydkoreas tv\u00e5 st\u00f6rsta flygbolag att \u00f6verleva coronapandemin. Det skriver Nikkei. KAL meddelade p\u00e5\u00a0m\u00e5ndagen att det kommer att k\u00f6pa nyemitterade aktier i Asiana f\u00f6r 1.500 miljarder won, motsvarande cirka 11,7 miljarder [&hellip;]<\/p>\n","protected":false},"author":25,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[179],"tags":[3302,85,1905],"class_list":["post-237297","post","type-post","status-publish","format-standard","hentry","category-flyg","tag-asiana","tag-flyg","tag-korean-air"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.8 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Korean Air Lines tar \u00f6ver Asiana i statsst\u00f6dd aff\u00e4r &#8211; Travel Report<\/title>\n<meta name=\"description\" content=\"Korean Air Lines tar \u00f6ver Asiana i statsst\u00f6dd aff\u00e4r \u2013 L\u00e4s senaste nyheterna fr\u00e5n resebranschen p\u00e5 Travel Report.\" 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