Korean Airlines Co.,Ltd.

A003490

KR7003490000

Airlines

End-of-day quote Korea S.E. Other stock markets 06:00:00 2024-04-17 pm EDT			5-day change	1st Jan Change
20,550 ^KRW	+1.99%		-2.14%	-14.02%

Apr. 09	Airbus says first-quarter jet deliveries rose 12%	RE
Mar. 21	Consumer Cos Add to Fed Gains -- Consumer Roundup	DJ

Korean Air Lines : South Korea court says it has not yet decided whether sale of Hanjin Shipping is needed

September 27, 2016 at 11:38 pm EDT

SEOUL (Reuters) - The South Korean court overseeing Hanjin Shipping's receivership process said on Wednesday that a sale of the world's seventh-largest container carrier, which collapsed late last month, is one of many options it is considering if the court concludes the company is to be rehabilitated.

Judge Choi Ung-young, who serves as a court spokesman for media inquiries on the case, said a sale is possible in principle if it's deemed the best way to rehabilitate the company, but the court has yet to reach a decision.

The spokesman's comment came after Bloomberg reported earlier on Wednesday that the court has decided a sale of Hanjin Shipping is needed.

Hanjin, which filed for court receivership on Aug. 31, must submit a rehabilitation plan to the court in December.

(Reporting by Joyce Lee; Editing by Kenneth Maxwell)

Stocks treated in this article : Korean Air Lines Co Ltd, Hanjin Shipping Co Ltd

Latest news about Korean Airlines Co.,Ltd.

Airbus says first-quarter jet deliveries rose 12%	Apr. 09	RE
Consumer Cos Add to Fed Gains -- Consumer Roundup	Mar. 21	DJ
Korean Air to Order Airbus A350 Jets in $13.7 Billion Deal	Mar. 21	DJ
Korean Air to sign $13.7 bln deal with Airbus for 33 A350 jets	Mar. 21	RE
Airbus wins most of Japan JAL's order for 42 new planes	Mar. 21	RE
JAL nears decision on potential wide-body jet order, sources say	Mar. 19	RE
Korean Air Plans Route Expansion to the US, Europe, China, Southeast Asia	Mar. 18	MT
Airbus, Korean Air Lines Close to Finalizing Deal for Delivery of A350 Widebody Jets	Mar. 18	MT
Korean Air Commences Construction of Aircraft Maintenance Facilities in Incheon	Mar. 18	MT
Korean Air nears deal for 20 Airbus A350 widebody jets, Bloomberg News reports	Mar. 17	RE
Korean Air Lines Is Close To Making Significant Order For Airbus Widebody Jets - Bloomberg News	Mar. 17	RE
S.Korea's T'way Air sees 'golden opportunity' from new EU routes	Mar. 07	RE
Korean Air Lines Co., Ltd. Reports Earnings Results for the Full Year Ended December 31, 2023	Mar. 05	CI
Lufthansa readies for EU antitrust warning over ITA deal, source says	Mar. 01	RE
IAG likely to be warned by EU on Air Europa deal, sources say	Feb. 29	RE
Four Low-Cost Carriers Compete for Asiana Airlines' Cargo Division Acquisition	Feb. 29	MT
South Korean budget airlines submit bids for Asiana cargo unit, source says	Feb. 28	RE
Accelya FLX Platform to Deliver Strategic Retail Modernization for Korean Air in Major New Partnership	Feb. 21	CI
South Korean Shares Slip on Profit-Booking; Asiana Airlines Loses 1% on Cargo Division Auction	Feb. 20	MT
Asiana Airlines' Cargo Division Up for Auction	Feb. 20	MT
Korean Air Receives EU Antitrust Clearance for Asiana Airlines Merger	Feb. 15	MT
European Commission OKs Korean Air's Purchase of Asiana with Conditions	Feb. 13	MT
Korean Air's Asiana Acquisition Receives Conditional EU Approval	Feb. 13	CI
Korean Air wins EU antitrust approval for Asiana deal	Feb. 13	RE
Japan Grants Approval for Korean Air's Merger with Asiana Airlines	Feb. 02	MT

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Company Profile

Korean Air Lines Co Ltd is a Korea-based company principally engaged in the air transportation business. The Company operates its business through four segments. The Air Transport Business segment engages in the domestic and international routes operation for passengers and cargoes; aircrafts operation. The Aerospace Business segment conducts research and development on aircraft design and manufacturing, civil and military aircrafts maintenance, satellites and others. The Hotel Business segment manages and operates hotels. The Other Business segment manufactures and sells in-flight meals, provides duty free sales and information technology (IT) services.

Sector

Airlines

Calendar

2024-05-09 - Q1 2024 Earnings Release (Projected)

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Ratings for Korean Airlines Co.,Ltd.

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Investor Rating

ESG Refinitiv

B-

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Analysts' Consensus

Sell

Buy

Mean consensus

BUY

Number of Analysts

Last Close Price

20,550 KRW

Average target price

30,833 KRW

Spread / Average Target

+50.04%

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Korean Airlines Co.,Ltd.

Equities

A003490

KR7003490000

Airlines

Korean Air Lines : South Korea court says it has not yet decided whether sale of Hanjin Shipping is needed

EPS Revisions