Friday, August 17, 2007

[The Chosun Ilbo, August 10 2007] Web Portal CEO Eyes Aviation Market

Daum Communications CEO Lee Jae-woong is planning to set up an airline through the Tourexpress online travel agency. A Tourexpress spokesman on Thursday said the head of one of Korea's major Internet portals is taking steps to start an airline in partnership with Hong Kong-based funds and is in discussions with the Ministry of Construction and Transportation.

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