Asiana won't sue TV station for reporting erroneous names

(CNN) -- Asiana Airlines will not pursue a lawsuit against a Bay Area TV station for allegedly damaging the company's image by reporting erroneous and offensive names of the pilots in the recent crash at San Francisco International Airport.

The company said Wednesday it wouldn't file a suit after KTVU offered an official apology. The bogus names that phonetically spelled out phrases such as "Something Wrong" and "We Too Low" were read during KTVU's noon broadcast Friday. The airline called the report "demeaning" and said it was "reviewing possible legal action."

The Asiana 777 fell short of its approach and crashed on the runway at the airport on July 6. Three people were killed and more than 180 others were hurt. The National Transportation Safety Board is investigating. The early stage of the investigation has focused heavily on actions of the crew during the landing attempt.