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Republic of Korea: Korean Development Bank and the Export-Import Bank of Korea will invest $1.4 billion into Asiana Airlines

Description

On April 19th, 2020, the Korean Development Bank and the Export-Import Bank of South Korea announced it would inject $1.4 billion into Asiana Airlines, Korea's second-largest airline, amid financial s...

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Intervention Details

Intervention Type

Capital injection and equity stakes (including bailouts)

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

19 Apr 2020

Revocation date

No revocation date

Implementation level

NFI

Affected flow

Inward

Announced as temporary

No

Eligible firms

firm-specific

Affected Trading Partners

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Affected Sectors

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Affected Products

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