Korean Air Lines as the flag carrier, plans to raise US$817 million by selling new shares to stay afloat as the flag carrier. The coronavirus wiped out 90% of its flights. Korean Air also will get 1.2 trillion in loans from the Korean Development Bank and Export-Import Bank of Korea. Airlines globally are seeking funds after the pandemic plunged aviation into crises. IATA says airlines throughout the world could require as much as US$200 billion in aid and bailout measures to survive