Can Asiana reap benefits from Korean Air fiasco?

Asiana Airlines is moving toward a rebound after logging healthy earnings in Q1 and improvements in its financial structure. Keen attention is on whether a fiasco involving its rival Korean Air's owner family could further boost Asiana's rebound. According to airline industry officials Thursday, Asiana Airlines is showing systematic progress in its bid to recover from a liquidity crunch. The most recent move was a completed deal on selling its Kumho Asiana Main Tower in Jongno-gu, Seoul. Analysts say the outcome of Korean Air allegations is yet to be noticed in numbers, but it remains to be seen whether the public outrage at Korean Air can have an actual impact on its performance and benefit not only Asiana Airlines but also LCCs. <br/>