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 acquired Hanjin KAL stakes to support our leadership,” the airline told ATW. The Cho family and its interests hold about 29% of Hanjin KAL, more than any other ...

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