Tag: hanjin kal

hanjin kal

Latest News

Hanjin Group's headquarters in Sogong-dong, Jung District, central Seoul [HANJIN GROUP]

Hoban Group reportedly eyeing increased stakes in Hanjin KAL

Hoban Group is reportedly planning to purchase more shares in Hanjin KAL, the holding company of Korean Air.

2025.5.13

The Waikiki Resort Hotel in Honolulu, Hawaii [SONO International]

Hanjin KAL offloads Waikiki Resort Hotel in Hawaii for $101 million

The holding company of Hanjin Group, the owner of Korean Air, sold the three-star resort to Sonoin International for $101 million.

2024.4.19

'Nut rage' Korean Air heir changes her name

Former Korean Air Lines Vice President Cho Hyun-ah, a central figure in the "nut rage" scandal, changed her name to Cho Seung-yeon. Cho reportedly received approval from the Seoul Family Court for the change, according to industry sources Thursday.

2023.7.7

KCGI gang disbands after failing to change Hanjin KAL

A consortium that includes Hanjin KAL's largest shareholders and controls more that 40 percent of the company has called it a day, the group no longer coordinating to effect a boardroom coup.

2021.4.2

Hanjin Group Chairman Cho Won-tae speaks to reporters in Yeouido, western Seoul, in November, following Korean Air Lines’ announcement to acquire Asiana Airlines. [NEWS1]

Cho renamed to KAL board despite NPS disapproval

Hanjin Group Chairman Cho Won-tae has been reappointed a director of Korean Air Lines despite the disapproval of the National Pension Service (NPS), a major shareholder.

2021.3.26

Signs in front of Korean Air Lines headquarters in Gangseo District, western Seoul, on Wednesday inform shareholders of an extraordinary meeting taking place. [NEWS1]

Korean Air Lines shareholders approve articles of association change

Korean Air Lines shareholders on Wednesday approved a revision to the company's articles of association to allow for an increase in the number of shares issued, a move necessary for the acquisition of Asiana Airlines.

2021.1.6

Asiana Airlines labor union members protest their company being acquired by Korean Air Lines in front of Korea Development Bank in Yeouido, western Seoul, on Thursday. [YONHAP]

Labor says job promises unrealistic in Asiana takeover

Labor is skeptical about the no-layoffs promises being made in the complex acquisition of Asiana Airlines by Korean Air Lines, saying that the powers that be need to face reality.

2020.12.3

Korean Air Lines and Asiana Airlines aircraft parked at Incheon International Airport on Tuesday. [YONHAP]

Asiana takeover clear for takeoff as court rejects KCGI

A court has rejected a request that would have stopped the Korean Air Lines takeover of Asiana Airlines dead in its tracks.

2020.12.1

Korea Development Bank Chairman Lee Dong-gull speaks at an online press event on the Korean Air Lines takeover of Asiana Airlines on Nov. 19. [YONHAP]

KDB warns those who question its Korean Air investment

Korea Development Bank (KDB) insists that it is not investing in Hanjin KAL to support the interests of Chairman Cho Won-tae, and added that it will take action against those who suggest otherwise.

2020.11.23

Hanjin KAL Chairman Cho Won-tae answers reporters' questions after a Korea-U.S. business leader meeting held in Yeouido, western Seoul, last week. [NEWS1]

Korean Air-Asiana deal is already getting FTC scrutiny

Korea’s grand plan for a mega flag carrier is hitting more roadblocks, with regulators frontloading scrutiny and already saying that the proposed entity might run afoul of competition law.

2020.11.22

Tag: hanjin kal

hanjin kal

Latest News

Hoban Group reportedly eyeing increased stakes in Hanjin KAL

Hanjin KAL offloads Waikiki Resort Hotel in Hawaii for $101 million

Most popular

Veteran actors Yoo Hae-jin, Ryu Seung-ryong win Baeksang Grand Prizes — as it happened

BTS comeback: Bright lights and drone shows light up the sky as 'Arirang' finally arrives — as it happened

179 dead after Jeju Air flight 7C2216 crashes at Muan International Airport — as it happened

Kim Soo-hyun addresses Kim Sae-ron relationship — as it happened

Yoon impeachment upheld by Constitutional Court — as it happened