flagship

  • East Asia

    Kumho Asiana to sell flagship unit for fresh loans

    Cash-strapped Kumho Asiana Group on Monday submitted a new package of self-rescue measures, including the sale of its flagship airline unit, in a desperate move to get additional financial help from its creditors. Kumho Asiana’s creditors, led by the state-run Korea Development Bank (KDB), will hold a meeting to review…

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