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Korean Air to take over Korea Aerospace

Seoul, South Korea - The airline wants to unify the national aerospace sector

National carrier Korean Air could try to take over Korea Aerospace industry. The airline already attempted the acquisition in the past, but the present economic conditions seem favourable to the move even if there are strong oppositions. The airline already owns an aerospace division and it aims to unify South Korean aerospace sector in a single company. The government, that owns 30.54% of the industry's...

AVIONEWS - World Aeronautical Press Agency - 1103532

AVIONEWS - World Aeronautical Press Agency
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