[ Airports ]November 16, 2021 7:00 am ET
Eastar Jet Foresees Flight Resumptions In Feburary
The Seoul Bankruptcy Court has given a green light to Sung Jung, a South Korean property developer, to acquire Eastar Jet — a struggling low-cost airline. The developer is trying to acquire an 80% stake in Eastar Jet for 108.7 billion South Korean wons ($97 million). Eastar Jet is expected…