Jin Air to absorb Air Busan and Air Seoul, creating 942%-debt mega LCC

Verifying
  • Jin Air plans to absorb Air Busan and Air Seoul next March.
  • The three airlines’ combined debt ratio has reached 942%.
  • The planned mega LCC would have 58 aircraft and become South Korea’s largest.
The information on this website is generated using AI and we cannot guarantee its accuracy. Please use it as reference information only.