World News Intel

In his new year’s address to Korean Air
employees, Walter Cho, the airline’s Chairman and CEO, emphasized
the importance of gaining a competitive edge as the aviation
industry continues to gain momentum post-COVID19.

“We’ve seen a glimpse of normalization and the
airports are beginning to bustle with passengers we have missed
dearly. We also found hope and pleasure in returning to work to
see our colleagues,” said Cho. “We need to
identify in advance our customers’ preferred destinations and
services, and analyze when and where to add operations as well as
which services to enhance.”

Amidst growing economic uncertainties, Cho assured
that the airline is confident and ready to move forward, and
confirmed the company’s plans to complete the acquisition of
Asiana Airlines in 2023.

“There have been numerous challenges on our way,
but we’ve always overcome and leveraged them to create new
opportunities. We’re armed with more than half a century of
experience and will use this insight to address our future… 2023 is a pivotal year for
completing the huge task of closing our acquisition of Asiana
Airlines. We are in the last stage with the remaining
overseas
competition authorities reviewing the merger.”

He thanked the
Korean Air team for their patience and asked them to do their part
going forward as one family. He also emphasized Korean Air’s environment,
social and governance (ESG) duties as a responsible member of
society.

“ESG management is no longer a choice, but
mandatory to the survival of our future,” he said. “We’ve always
been committed to the well-being of our society. Introducing
eco-friendly aircraft, reducing waste through increased in-cabin
recycling, and operating an ESG committee to improve governance
are all part of our efforts to support our social responsibility.
We will not stop here, but continue to make Korean Air a
responsible company that fulfills its corporate responsibilities
and is beloved by its customers… While the future demands more
wisdom from us than ever, we will continue on our path as we
always have. We are the country’s top aviation experts and know
how to give our customers around the globe the ultimate travel
experience.”

Serving the world for more than 50 years, Korean
Air, a founding member of the SkyTeam airline alliance, carried more than 27
million passengers in 2019. The airline serves 120 cities
in 43 countries on five continents with a fleet of 155
aircraft and over 20,000 employees.

washingtonpost

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