SOUTH KOREA'S JEJU AIR MAY SCRAP PLAN TO TAKE OVER EASTER JET

HIGHLIGHTS

• Jeju Air Co Ltd is having second thoughts about take over Eastar Jet.
• Jeju is reconsidering its decision due to air travel reducing all over the world due to coronavirus.
• The diplomatic feud between South Korea and Japan is also causing loss of revenue to whole airline industry in South Korea.

South Korea’s top budget carrier Jeju Air Co Ltd is thinking....