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SIA confirms talks on taking Korean budget carrier stake

Reports say discussions with Jeju Air and parent Aekyung began late last year and the share could be around 20%

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Analysts say North Asia has been a target for some time for SIA, particularly with the group having already made moves in India, Australia and Thailand.

Singapore

SINGAPORE Airlines (SIA) has confirmed that it is in talks to potentially acquire a stake in South Korea-based budget carrier Jeju Air, which would give it a foothold in the buoyant North Asian market.

In a statement to the Singapore Exchange early Tuesday morning, SIA...

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