FlyerTalk Forums - View Single Post - Asiana to be acquired by Korean Air. What will happen to my mileage and status?
Old Oct 30, 2023 | 10:42 pm
  #209  
moondog
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Originally Posted by stupidhead
Not that I can find. OZ's latest filing relating to this says they will file an update with FSS by Nov 6th at the latest.

EDIT: Korean media is reporting that the board meeting adjourned with no decision reached. Korean media seems to indicate that even if OZ decided to sell OZ Cargo, there's no one interested in buying it, and the Board is concerned about being sued if they were to offload OZ Cargo at pennies on the dollar.
Couldn't they simply spin out the cargo division and buy it themselves for pennies on the dollar?
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