1. Korean Air to Spend $1.6 Billion to Become Asiana Airlines' Top Shareholder

    Korean Air to Spend $1.6 Billion to Become Asiana Airlines' Top Shareholder

    Korean Air Lines Co Ltd 003490.KS plans to spend 1.8 trillion won ($1.62 billion) to become the top shareholder of indebted Asiana Airlines Inc 020560.KS, in aviation's first major consolidation since COVID-19 brought the industry to its knees...

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