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020560 — ASIANA AIRLINES News Story

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South Korean budget airline Air Incheon is preferred bidder for Asiana cargo unit

SEOUL, June 17 (Reuters) - South Korean low-cost cargo
carrier Air Incheon has been picked as preferred bidder to buy
Asiana Airlines'  020560.KS  cargo business, Korean Air
 003490.KS , which is set to buy nearly two-thirds of Asiana,
said in a regulatory filing on Monday.

 (Reporting by Jack Kim; Editing by Clarence Fernandez)
 ((jack.kim@thomsonreuters.com; +822 6936 1455;))

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