Page 27 - The South China Business Journal
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sident of Korean Air Walter Cho (fifth
from the left) poses with the former and
current employees before cutting the cake

Korean Air Celebrates 50 Years,
Looks Ahead to Reaching

100-Year Milestone

Korean Air held a special ceremony on March 4 of our shareholders, which will ultimately increase the
to celebrate its 50th anniversary with over 1,500 value of Korean Air,” Mr. Cho said. “We will leverage
employees at its headquarters in Seoul, Korea. the values that we create with our partners to help the
community achieve their dreams.”
Korean Air was launched as a small Asian carrier with
only eight aircraft on March 1, 1969. Today, after decades Recently, Korean Air introduced its “Vision 2023”
of developing new routes, service innovation, and plan, which focuses on sustainable growth, improving
continuous investment, Korean Air has become a leading its financial structure, transparency in corporate
global airline, flying to 124 cities in 44 countries. governance, and shareholder-friendly policies in all
business areas to further enhance the corporate values
President of Korean Air Walter Cho said at the event for the next century.
that the company will strive to improve employees’
happiness, build a constructive rapport with business 50 Years of Commitment to Economic
partners, enhance customer satisfaction, and maximize Growth of Korea
shareholder value.
Korean Air, founded in 1969 when Cho Jung Hun
"We will do our best to satisfy our customers, raise acquired the Korea Air Corporation, has played a key
the happiness of our employees and enhance the value role in the economic development of Korea, flying over

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