Jeju Air acquires Eastar Jet at a reduced price due to the coronavirus – Quantum Aviation | Airline Passengers & Cargo Sales and Charters

Jeju Air acquires Eastar Jet at a reduced price due to the coronavirus

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Jeju Air acquires Eastar Jet at a reduced price due to the coronavirus

Jeju Air Co Ltd announced today it would acquire a 51% stake in competitor Eastar Jet for 54.5 billion won ($45.49 million), a lower price than previously announced according to Reuters.