Suitors move up to starting line for race for Asiana air cargo arm
As Korean Air and Korea Development Bank gear up to select a preferred buyer for ...
DAC: REACTIONDAC: EARNINGS MISSHD: SOLID WTC: BACK UPGM: BEAUTIFUL HIGHSXPO: STELLARHD: ON THE RADARTSLA: SELL-SIDE BOOSTTSLA: EUPHORIADAC: HEALTH CHECKDHL: GREEN DEALBA: ASSET DIVESTMENTRXO: ONE OBVIOUS WINNER DHL: UBS TAKEDHL: DOWNBEAT
DAC: REACTIONDAC: EARNINGS MISSHD: SOLID WTC: BACK UPGM: BEAUTIFUL HIGHSXPO: STELLARHD: ON THE RADARTSLA: SELL-SIDE BOOSTTSLA: EUPHORIADAC: HEALTH CHECKDHL: GREEN DEALBA: ASSET DIVESTMENTRXO: ONE OBVIOUS WINNER DHL: UBS TAKEDHL: DOWNBEAT
Hanjin Group has promoted Cho Won-tae (pictured), son of group chairman Cho Yang-ho and brother of vilified “nut lady” Cho Hyun-ah, as the new president of South Korean flag carrier Korean Air.
Effective from Wednesday, Mr Cho’s promotion, will see his other sister, Cho Hyun-min – who was forced to apologise for vowing revenge by text to an unknown party after her sister was arrested for delaying a flight in a row concerning macadamia nuts – promoted to the senior vice presidency.
In addition Mr Cho will continue to serve as the group’s chief operating officer, a position he jointly held with outgoing Korean Air president Chi Chang-hoon – who will continue to serve the carrier over the next 12 months in an advisory role.
Citing a statement released by the carrier, The Korean Herald says Mr Cho’s promotion is intended to “lead change and innovation within the company and develop the company’s strengths to lead the global airline market”.
South Korea’s Yonhap News Agency says Cho’s promotion to the top position at Korean Air may mark his inheritance of the firm founded by his late grandfather, Cho Choong-hoon.
Comment on this article
Honorable Senator Dr. Shelten G. Neth
May 28, 2018 at 8:00 amI am interested to know the Korean Official in-charge of Marketing/Procurement for the airlines.
I am interested to make an appointment for a meeting. I will be flying in from Micronesia via Guam (PNI/GUM-united airlines & GUM/INC-Korean air).
Kind regards,
Shelten