South Korea's airlines in trouble amid chaebol reform

By On July 15, 2018

South Korea's airlines in trouble amid chaebol reform

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< figcaption>Employees of Korean Air and Asiana Airlines protesting outside the presidential Blue House in Seoul last Saturday. Korean Air chairman Cho Yang-ho is under probe for tax evasion and embezzlement, while Asiana Airlines employees have spoken out against the airline for forcing flight stewardesses to sing, dance and declare publicly their love for its chairman, Mr Park Sam-koo, during his monthly visits to their training centre.
Korean Air Chairman Cho Yang-Ho
Asiana Chairman Park Sam-Koo
Published2 hours ago

Asiana, Korean Air owners face criminal probes, public outrage

South Korea's two main airline conglomerates are in trouble, with both facing public outrage, employee protests, plunging share prices and accusations of mismanagement and misbehaviour by their owners' families.

Korean Air chairman Cho Yang-ho is under probe for tax evasion and embezzlement.

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A version of this article appeared in the print edition of The Straits Times on July 16, 2018, with the headline 'Airlines in trouble amid chaebol reform'. Print Edition | Subscribe Topics:
  • SOUTH KOREA
  • CONGLOMERATES
  • MOON JAE IN

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Source: Google News Sout h Korea | Netizen 24 South Korea

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