Asiana cuts fleet size, unprofitable routes

SEOUL: Asiana Airlines Inc plans to cut unprofitable routes and the size of its fleet to improve its financial health, said chief executive Han Chang-soo in a letter to employees yesterday. Han’s co-chief executive resigned on Thursday and its debt-ridden parent Kumho Asiana Group sought financial support from its top creditor after an accounting fiasco at the South Korean carrier threatened the group’s liquidity position. The letter did not detail how many routes the airline planned to cut.