Asiana Purchase Agreement Collapses After Talks Fail

A350
Credit: Asiana
A deal for the takeover of South Korean carrier Asiana Airlines by a Hyundai Development Co. (HDC)-led consortium has collapsed, with both sides confirming that the sale agreement had been canceled. Negotiations had been underway for weeks in an attempt to salvage the deal, which had been disrupted...
Adrian Schofield

Adrian is a senior air transport editor for Aviation Week, based in New Zealand. He covers commercial aviation in the Asia-Pacific region.

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