Korea Development Bank has fully recovered the 3.6 trillion won in public funds it injected for the management normalization of Asiana Airlines after six years.
Korea Development Bank noted that Asiana Airlines will repay the remaining policy loan of 1.38 trillion won on the 26th.
The creditors injected a total of 3.6 trillion won in public funds into Asiana Airlines from 2019 to 2020. Korea Development Bank supported 2.37 trillion won, the Export-Import Bank provided 930 billion won, and the Periodic Industry Stabilization Fund contributed 300 billion won in grants. The relief fund is a fund created by Korea Development Bank to support national key industries struggling due to COVID-19. Previously, Asiana Airlines repaid 180 billion won in 2022, 940 billion won in 2023, and 1.1 trillion won in 2024.
Korea Development Bank said, "Through the merger of Korean Air and Asiana, we have fully recovered the support funds for Asiana and taken the first step toward stabilizing employment and enhancing the competitiveness of the domestic aviation industry," adding, "We plan to continuously monitor the major tasks arising during the integration process from the perspective of the development of the aviation industry."