Jeju Air Drops Out Of Contention For Asiana Cargo Unit
Credit: Rob Finlayson
South Korea’s Jeju Air has decided not to pursue a bid for Asiana’s freighter operations. In a disclosure to the South Korean stock market, the LCC confirmed that while it conducted due diligence on Asiana’s cargo business, it did not submit a bid proposal by the April 25 deadline. Jeju was one of...
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