Asiana Airlines in talks to sell Seoul HQ building, says parent group

Asiana Airlines is in talks to sell its headquarters building in Seoul, a spokesman at its parent Kumho Asiana Group said Thursday. Kumho Asiana Group is in talks to sell the headquarters building for around 400b won (US$375.83m) in order to cut debt generated by aircraft purchases and competition with budget carriers, South Korea’s Maeil Business Newspaper reported earlier Thursday. The spokesman declined to comment on further details, including the counterparty for talks or potential price. <br/>