FlyerTalk Forums - View Single Post - Asiana acquired by HYUNDAI HDC starting with new management
Old Jan 26, 2020, 10:56 am
  #13  
ttuna3
 
Join Date: Jul 2010
Location: Small town near RNO
Programs: Delta 1MM/PM, BAEC GGL, Asiana Diamond Plus(Lifetime), AC *Tangerine
Posts: 897
Call me a little skeptical of Hyundai making any operational major changes right away. OZ itself has been well run and profitable, the issue was the rest of the Kumho group using the airline's cash flow to fund some of their operations/debt. Most of the Korean and Japanese companies that I've followed tend to let working operations stay as they are for a while after they take over and then make changes later to fit the larger group culture. That doesn't mean that most of the highest level execs won't be gone quickly or a total basket case won't be seriously reworked or shut down.
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