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S. KOREAN LCC UNDER HEAVY DEBT FROM HUGE DEIFICTS DUE TO PANDEMIC
Highlights –
- S. Korean LCC under heavy debt from huge deficits due to pandemic.
- Jeju Air Co., Jin Air Co. and T'way Air Co. debt-to-equity ratio ranged from 430% to 517% in 2020.
- Jeju Air Co. had 218.4 billion won in equity capita...