Korean Air raises $1.8 billion from new shares and government aid

By Cirium2020-05-14T01:55:00

Source: Duan Zhu/Creative Commons

Korean Air will raise W2.2 trillion ($1.8 billion) in fresh capital – W1 trillion from a new share issue and W1.2 trillion in government aid – to overcome challenges posed by the Covid-19 pandemic.

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