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  September 5, 2001
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Home > Company Index > Transportation > Airlines > Korean Air Lines Co., Ltd.

Korean Air Lines Co., Ltd.
 PROFILE
Although struggling with a dismal safety record and a damaged domestic economy, Korean Air Lines remains South Korea's largest air carrier and one of the world's largest cargo shippers. The airline, part of the Hanjin Group, flies to more than 75 cities in nearly 30 countries. It has formed the SkyTeam global marketing alliance with Delta, Air France, and Aero Mexico. A series of high-profile accidents has tarnished the airline's reputation. Efforts to improve safety include hiring safety specialists from the US, boosting its fleet with new aircraft, and retiring older jets. Chairman Cho Yang Ho's conviction in a tax evasion scandal, in which Korean Air Lines also was fined, hasn't helped matters.

 COMPETITION
Cathay Pacific Airways Limited (dossier)
Japan Airlines Company, Ltd. (JAPNY)
Singapore Airlines Limited (SIAL)

 FINANCIAL OVERVIEW
Fiscal Year-End: December
1999 Sales (mil.): 4,218.80
1-Yr. Sales Growth: 10.8%
Employees: 14,107
Revenue per employee: $299,057.21

 KEY PEOPLE
• Cho Yang Ho
    CEO
• Lee Moo Sung
    CFO

 CONTACT INFO
Korean Air Operations Center, 1370 Gonghang-Dong, Gangseogu
Seoul, South Korea
Phone: 82-2-656-7114
Fax: 82-2-656-7169
Online: Web Site

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