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- 1. Korean Air and Hanjin Travel Launch Summer Charter Flights to Glasgow, Scotland
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Korean Air and tour operator Hanjin Travel have launched a summer charter service between Seoul and Glasgow, Scotland. The flights are Scotland’s first direct air service with South Korea. Korean Air and sister company Hanjin Travel will operate three in-bound services this month between Seoul and Glasgow Airport, which will serve as a gateway to more than 1,000 South Korean touris
- 2. Korean Air to Transform Corporate Structure
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By August 2013, Korean Air will have transformed into a new holding company structure with two entities: Hanjin KAL Holdings and Korean Air. Hanjin KAL Holdings will be responsible for investment business management, while Korean Air will be in charge of the overall airline business operations.
- 3. Korean Air partners with IBM and Hanjin to outsource $210 million in services
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Korean Air partners with IBM and Hanjin to outsource $210 million in services
- 4. Hanjin Group Chairman Awarded Title of Grand Officier in France’s Légion d’Honneur
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Hanjin Group Chairman, Yang Ho Cho, has received one of the highest civilian honors awarded by the French Government, the title of Grand Officier in France’s Légion d’Honneur. The honor was awarded to Chairman Cho by the President of France, François Hollande, at a special ceremony held in Seoul, during President Hollande’s visit to Korea last week.
- 5. Korean Air to Buy Asiana Airlines
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Hanjin KAL and Korean Air today confirmed that a decision has been made to acquire Asiana Airlines. Korean Air plans to acquire Asiana Airlines at KRW 1.8 trillion. In order to secure this amount, Korean Air plans to increase KRW 2.5 trillion worth of capital by issuing new shares early next year.
- 6. Korean Air Chairman and CEO Garnered Uzbekistan’s Dostlik Order
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Hanjin Group Chairman, Mr. Yang Ho Cho, who is also Korean Air Chairman and CEO, recently garnered the prestigious Dostlik Order by the Uzbekistan Government, recognizing his dedication to the development of the country. An award ceremony was held on Tuesday (20 September 2011) in the Diplomatic Center in Seocho-gu, Seoul, where Ambassador Vitali V. FEN, on behalf of Uzbekistan Pre
- 7. Korean Air Chairman Yang Ho Cho Appointed Peace and Sport Ambassador
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Korean Air Chairman Yang Ho Cho Appointed Peace and Sport Ambassador. Hanjin Group and Korean Air Chairman Yang Ho Cho has been appointed an Official Ambassador for the Peace and Sport Foundation at a cocktail event in Vancouver, B.C., Canada. Led by President and Founder of Peace and Sport Joel Bouzou, an Olympic medalist and a Modern Pentathlon World Champion and under the High P
- 8. IHG Signs 900-Room InterContinental Hotel in Los Angeles
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IHG has signed a management contract for a new 900-room InterContinental hotel in downtown Los Angeles, California. The hotel, which once completed will be the largest InterContinental hotel in the Americas region, will be part of Korean Air and Hanjin Group’s more than $1.1 billion new-build Wilshire Grand project.
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