State Bank Grants Financial Aid For Korean Air

aircraft
Most of Korean Air’s 144 passenger aircraft have been grounded.
Credit: Rob Finlayson
Korean Air is the latest carrier to be offered a major state-backed financial support package to help it survive the COVID-19 crisis. The state-owned Korea Development Bank announced it will provide Korean Air with financial aid worth KRW1.2 trillion ($973 million). The package is a combination of a...
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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