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During the bidding process among domestic low-cost carriers for the acquisition of Asiana Airlines' cargo division, Jeju Air, previously considered the front-runner, has chosen not to participate in the bidding. According to industry sources, the main bidding process, organized by financial services firm UBS for the sale of Asiana Airlines' cargo plane division on Thursday, saw the participation of three bu. ....
SEOUL: Three South Korean low-cost carriers are currently in the race to buy Asiana Airlines' cargo business, two people with knowledge of the matter said on Thursday (Apr 25). Among the carriers that participated in the first round of bids, Jeju Air said in a regulatory filing on Thursday that it did not ....