S Korean activist fund KCGI keen to buy controlling stake in Asiana Airlines

S Korean activist fund KCGI keen to buy controlling stake in Asiana Airlines

FILE PHOTO: An Asiana Airlines Airbus A350-900 is seen at the Airbus delivery center in Colomiers near Toulouse, France, March 20, 2019. REUTERS/Regis Duvignau

South Korea’s activist fund KCGI, the second-largest shareholder in the parent company of Korean Air Lines Co Ltd (003490.KS), is interested in buying a controlling stake in rival carrier Asiana Airlines Inc (020560.KS), KCGI Chief Executive Kang Sung-boo told Reuters.

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