Virus-hit Korean Air and Asiana offered $2bn bailout

Aid from state-backed banks to protect jobs at South Korean carriers

KOTARO HOSOKAWA, Nikkei staff writer

SEOUL -- State-backed lenders in South Korea will extend 2.9 trillion won ($2.35 billion) in aid for Korean Air Lines and Asiana Airlines to keep the major carriers aloft and safeguard jobs as the pandemic decimates travel demand.

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