News
11 September 2020

Asiana sale falls through

Region:
Asia-Pacific

A KRW2.5 trillion ($2.1 billion) sale of troubled Asiana Airlines to an HDC Hyundai Development-led consortium has failed. Asiana reported operating losses of KRW268 billion for H2 2020 and is KRW11.5 trillion in debt. Korea Development Bank and Kexim are Asiana’s largest creditors. They...

Exclusive subscriber content…

If you are a TXF subscriber, please login to continue reading

Login

Not yet a subscriber? Join us today to continue accessing content without any restrictions

View our subscription options

Or to request access to TXF Intelligence contact us

Request Access

You might also like


Perspective
08 September 2025

A fruitful alliance: Trafigura signs Korea LNG contract

A new agreement between Trafigura and Korea’s public gas company will deliver a decade of LNG imports to Korean companies. It is another sign of Korea’s efforts to mitigate...

Perspective
12 September 2025

Satellite finance heads back into orbit

Changing business models and technologies have made it harder for ECAs and commercial banks to support satellite launches. But the demand for satellite connectivity is strong,...