It's old news that OZ is being acquired by Hyundai HDC and has been discussed in another thread, so nothing new there (
Share trading halted [Asiana financial troubles] )
As for your other claims, not sure where you're getting your info...
Originally Posted by
thumbsup7
Acquired company managed by ex-Korean air CEO. They expect to purge out old management as early as March 2020.
I doubt this, as KE CEOs have all come from the Cho family. But if you mean that senior executives at HDC were formerly at KE, there's nothing odd about that. For example, the former CEO of Virgin Australia was a senior executive at Qantas. As for the purge, again, nothing unusual there. It's common and accepted practice in Korean/Asian conglomerates (look at the recent changes in LG, as an example).
Originally Posted by
thumbsup7
Expect change in passenger services and route.
Asiana under new management expected to change routes (may incl Miami, Phoenix as new USA destination). Asiana opted out from Chicago market late last year.
Again, this is stating the obvious, apart from identifying Miami or Phoenix as new destinations. If OZ couldn't make an ICN-ORD route financially viable, even with the significant Korean population in Chicago, I highly doubt Miami or Phoenix will work!