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Korea M&A Corporation
Jeju Air pulls plug on Eastar Jet with nowhere to go
After months of negotiations and trading barbs, Jeju Air finalized its decision on July 23 to scrap its plans to purchase Eastar Jet -- a decision that may have been inevitable for Jeju amid uncertainties, but was detrimental to some 1,500 budget airline employees who may now lose their jobs. “Despite the government’s willingness to support and mediation efforts, the level of uncertainty facing ..
News/M&A
2020. 7. 24. 09:29