HCD HYUNDAI’S ASIANA AIRLINES ACQUISITION COULD ALTER THE REFINERY MARKET

Highlights –

• HCD Hyundai acquires Asiana Airlines
• Speculations on change of jet fuel sources
• Hyndai OilBank may be used as source for fuel

HCD Hyundai Development Co. has acquired the controlling stakes of full-service carrier Asiana Airlines from Kumho Asiana Group. This acquisition could shake up the refining industry as fuel sourcing could be switched to a Hyndai family member.....