People
Korean Air pilots sue chairman Cho over derogatory Facebook post
May 6th 2016
Controversial Cho Yang-Ho, chairman of Korean Air, this week resigned as chief organiser of the 2018 Pyeongchang Winter Olympics, citing “critical financial issues” with Hanjin Shipping which, like Korean Air, is part of the tycoon’s Hanjin Group. Read More »
It has been a bad week for Cho, after a defamation lawsuit was launched against him by Korean Air’s pilots union, which has been in dispute with the airline for months over wage rises. On a Facebook posting in March, Cho wrote: “Don’t flaunt yourself too much. Even a dog would laugh. You are talking big as if you were a Lindbergh who crossed the Atlantic Ocean”. He then said flying a passenger aircraft was “easier than driving a car”. His post provoked bitter demonstrations at the carrier.
Spring Airlines founder promotes son to CEO
In sad news for China’s Spring Airlines, the airline’s CEO, Zhang Xiuzhi, 52, last week resigned from the top job with immediate effect, citing health reasons. Spring’s board subsequently appointed vice-president, Wang Yu, as chairman, Founder Wang Zhenghua's son will succeed Zhang as CEO.
