Asiana Airlines CEO steps down after accounting fiasco

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SEOUL (Reuters) – Asiana Airlines’ CEO Park Sam-koo said on Thursday he is stepping down from the post to take responsibility for the fiasco over its 2018 financial statements.

The Korea Exchange had suspended trading in shares of Asiana, South Korea’s second-biggest carrier and part of the Kumho Asiana Group conglomerate, on Friday after an auditor declined to sign off on the financial statements.

Reporting by Joori Roh, Cynthia Kim; Editing by Muralikumar Anantharaman

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