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CEO of Asiana Airlines announces plans to drop routes and flights amid mounting debts

2019-04-02 5 Dailymotion

South Korea's Asiana Airlines will carry out internal restructuring, reduce routes and sell its assets as it contends with mounting debts. <br />The measures were outlined on Monday in a letter to the company's employees from CEO Han Chang-soo. <br />While the exact details were not given,... Han explained the airline will first sell additional assets to secure liquidity. <br />He also said Asiana will slash routes that have proven unprofitable. <br />

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