Korean Air: Delta’s stake will ‘support our leadership’

Credit: Joe Pries
Delta Air Lines’ move to purchase a stake in Korean Air's parent company is expected to strengthen the control of the Cho family over the company. Delta announced June 20 it had acquired a 4.3% share in Korean Air parent Hanjin KAL and intends to increase its stake to 10%. Korean Air believes “Delta...
Adrian Schofield

Adrian is a senior air transport editor for Aviation Week, based in New Zealand. He covers commercial aviation in the Asia-Pacific region.

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