Delta Stake Will Stabilize Korean Air Leadership

Credit: Delta Air Lines
AUCKLAND—Delta Air Lines’ move to purchase a stake in Korean Air is expected to help strengthen the control of the Cho family over Korean’s parent company. Delta announced on June 20 it had bought a 4.3% share in Korean’s parent Hanjin-KAL, and intends to eventually lift its stake to 10%. Korean Air...
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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