10-Feb-2010 12:18 PM
Asiana’s parent to receive fresh loans; JAL remains with oneworld; Jet & FedEX in cargo JV talks
Analysis
Asiana Airlines' shares soared 13.6%, reversing recent weakness, on reports that Kumho Asiana Group, parent of Asiana Airlines and Air Busan, is expected to receive USD326 million (KRW380 billion) in fresh loans from creditors for two of its subsidiaries, Kumho Industrial Co and Kumho Tire Co, under a debt rescheduling scheme.
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