Korean Air executive Cho Hyun-ah gained infamy for her ‘nut rage’ tantrum on board a plane.
The airline is now in the throes of a corporate crisis because of the coronavirus pandemic, with hundreds of flights cancelled, staff going on unpaid leave, and executives taking pay cuts. Hanjin is one of the multifaceted, family-controlled conglomerates known as chaebol that dominate business in South Korea and played a key part in its rise to become the world’s 12th-largest economy.
KCGI had called for Cho Won-tae’s replacement with a professional businessman, accusing him of “repeated strategic mistakes” leading to Korean Air’s accumulated losses of 1.74 trillion won over five years.
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