Korean Air’s financial soundness to clear runway for Asiana merger

By Lee Min-hyung

Korean Air’s cash assets and low debt ratio will pave the way for its successful merger with Asiana Airlines despite lingering concerns about the latter’s weak financial structure, market watchers said Monday.

The nation’s flag carrier completed its remaining legal procedures last week to take over the cash-strapped Asiana.

However, concerns have surfaced that Korean Air would bear a massive financial burden in…