Enter 2019.11.15 20:55
"Synergy between construction and aviation is limited, Asiana Airlines (020560)Considering revenue volatility and the negative operating environment of the domestic aviation industry, operating volatility tends to increase from a consolidated perspective.
"HDC needs to review the credit rating if its financial burden increases significantly in accordance with the role of the holding company in the acquisition financing structure."
Asiana Airlines has upgraded its credit rating. Han Shin-pyeong said, "If the follow-up process is completed smoothly, the credit worthiness of Asiana Airlines can be improved by reducing financial leverage by increasing capital from new major shareholders and increasing access to the capital market by stabilizing the government."