[Infostock Daily= Reporter Song Jeong-hoon] Korean Air will hold a board meeting on the 13th and decide on the first quarter results of this year and whether to promote the paid-in capital increase.
Korean Air has been internally reviewing the promotion of a paid-in capital increase of up to KRW 1 trillion. Korean Air will announce the specific paid-in capital increase period and scale after the board of directors.
In addition, Hanjin Kal, the major shareholder of Korean Air, is expected to hold a board meeting on the 14th and decide to participate in Korean Air's paid-in capital increase.
Korean Air continued its operating profit surplus for the 18th consecutive quarter from the third quarter of 2015 to the fourth quarter of last year, but the surplus is expected to break in the first quarter of this year.
Reorter Song Jeong-hoon boxr@infostock.co.kr
