Will Jeju Air be the second company receiving the Infrastructure Industry Stabilization Fund ? The company will receive 170 billion won in funds.
Will Jeju Air be the second company receiving the Infrastructure Industry Stabilization Fund ? The company will receive 170 billion won in funds.
  • 박정도
  • 승인 2020.10.26 12:22
  • 최종수정 2020.10.26 11:55
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[Infostock Daily=Reporter Park Jeong-do] Jeju Air is expected to become the second company receiving the Infrastructure Industry Stabilization Fund after Asiana Airlines.

According to the financial sector and the aviation industry on the 26th, the Core Industry Stabilization Fund Management Council will hold a meeting on the 29th to discuss ways to support Jeju Air.

The Export-Import Bank of Korea, the main creditor bank, has identified Jeju Air's balance of funds through due diligence of accounting firms. It is known that the necessary funds calculated through due diligence results are 170 billion won.

If Jeju Air receives support from the Infrastructure Industry Stabilization Fund, it will become the second supporting company and will be listed as the first among low-cost carriers (LCC).

Earlier, the fund decided to provide 2.4 trillion won to Asiana Airlines, which failed to sell.

Reporter Park Jeong-do newface0301@naver.com
 

 


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