News
Korean Air regains full ownership of in-flight catering and duty-free operations
March 13th 2026
Korean Air (KAL) has announced plans to acquire the remaining 80% stake in Korean Air C&D Service from Hahn & Company for KRW 750 billion (US$506 million). Read More » The transaction, approved by Korean Air’s Board of Directors on March 12, 2026, will lead to Korean Air C&D Service operating as a wholly-owned subsidiary. "Bringing these essential services back in-house aims to guarantee a stable supply of in-flight meals and strengthen overall service competitiveness ahead of the upcoming launch of the integrated airline. Additionally, Korean Air plans to roll out upgraded in-flight duty-free offerings to further enhance the passenger experience," KAL said. Korean Air previously divested an 80% stake in its in-flight catering and duty-free business to Hahn & Company in 2020 to secure liquidity during the COVID-19 pandemic, retaining a 20% share.
