Airlines News

ch-aviationDirk Andrei Salcedo

South Korea’s Parata Air cuts pay amid liquidity strain

South Korea’s Parata Air is cutting pay as the carrier faces liquidity pressure, according to a report on the operator’s financial situation. The move signals cost-reduction actions amid near-term funding constraints and potential operational risk from continued cash strain.

2026-06-29T19:13:17.581511-07:00

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2026-06-29T19:13:17.581511-07:00
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2026-06-29T09:40:08.076899-07:00
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