Budget Carrier Jin Air Aims to Fly High After Listing

SEOUL, Nov. 24 (Korea Bizwire) – Jin Air Co., a major South Korean budget carrier, will seek to become a global industry leader after its listing on the country’s main stock market, the company head said Friday. Jin Air Co., the low-cost carrier unit of Hanjin KAL Corp., is slated to debut on the main [...]

Jin Air to Raise Up to 382 Billion Won in IPO This Year

SEOUL, Oct. 31 (Korea Bizwire) – Jin Air Co., the low-cost carrier unit of Hanjin KAL Corp., said Tuesday it will raise over 300 billion won (US$268 million) through its planned initial public offering in December for the expansion of its fleet and routes. The nine-year-old budget carrier plans to place 9 million existing stocks [...]