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Korean Air Chairman Promises Zero Job Cuts in Asiana Acquisition


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MIAMI – Korean Air Lines (KE) will continue the deal to buy its smaller local competitor Asiana Airlines (OZ) without job cuts, the chairman of the group said Wednesday. “The company made a decision to acquire (Asiana Airlines) to make a contribution to the development of the country’s airline industry,” Korean Air Chairman Cho Won-tae […]

The post Korean Air Chairman Promises Zero Job Cuts in Asiana Acquisition appeared first on Airways Magazine.

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