According to Yonhap News Agency citing news from the financial industry on September 11，Affected by factors such as the heavy losses suffered by the aviation industry during the epidemic，HDC Hyundai Industrial Development Group’s plan to acquire Asiana Airlines finally fell through，Asiana Airlines’ creditors will initiate a management system for it。

Reportedly，The creditors met that afternoon to discuss the support plan for Asiana Airlines，Review the operation plan of 188bet Online Sports Betting and Casino “Basic Industry Stabilization Fund”。It is reported，The creditors will invest more than 2 trillion won (approximately RMB 11.5 billion) in financial support before the end of the year。From this，The total amount of financing provided by creditors to Asiana Airlines will increase to 5.5 trillion won。

reported，Other observations suggest，Because the fund support requires Asiana Airlines to "maintain 90% of total employment within 6 months"，The company is likely to conduct large-scale layoffs。

The report also stated，The creditors are expected to convert the acquired Asiana Airlines life bonds into 800 billion won in shares，And with 36.99% shareholding ratio becomes the largest shareholder of Asiana Airlines，We will re-sell Asiana Airlines depending on the company’s operations and market conditions。Also，The creditor group may also exercise the operating responsibilities 188bet app of the major shareholder，Old shares of Asiana Airlines held by Kumho Industrial (30.79%) reduces capital，The two sides may start a tug-of-war over this。

188bet sports betting app download Source of this article：China-Singapore latitude and longitude,Original title:《Korean media: Asiana Airlines merger failed, creditors took over management》.