South Korea's airlines in trouble amid chaebol reform

Asiana, Korean Air owners face criminal probes, public outrage

Employees of Korean Air and Asiana Airlines protesting outside the presidential Blue House in Seoul last Saturday. Korean Air chairman Cho Yang-ho is under probe for tax evasion and embezzlement, while Asiana Airlines employees have spoken out agains
Employees of Korean Air and Asiana Airlines protesting outside the presidential Blue House in Seoul last Saturday. Korean Air chairman Cho Yang-ho is under probe for tax evasion and embezzlement, while Asiana Airlines employees have spoken out against the airline for forcing flight stewardesses to sing, dance and declare publicly their love for its chairman, Mr Park Sam-koo, during his monthly visits to their training centre.PHOTO: AGENCE FRANCE-PRESSE
Employees of Korean Air and Asiana Airlines protesting outside the presidential Blue House in Seoul last Saturday. Korean Air chairman Cho Yang-ho is under probe for tax evasion and embezzlement, while Asiana Airlines employees have spoken out agains
Korean Air Chairman Cho Yang-HoPHOTO: EPA-EFE
Employees of Korean Air and Asiana Airlines protesting outside the presidential Blue House in Seoul last Saturday. Korean Air chairman Cho Yang-ho is under probe for tax evasion and embezzlement, while Asiana Airlines employees have spoken out agains
Asiana Chairman Park Sam-KooPHOTO: AGENCE FRANCE-PRESSE

South Korea's two main airline conglomerates are in trouble, with both facing public outrage, employee protests, plunging share prices and accusations of mismanagement and misbehaviour by their owners' families.

Korean Air chairman Cho Yang-ho is under probe for tax evasion and embezzlement.

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A version of this article appeared in the print edition of The Straits Times on July 16, 2018, with the headline 'Airlines in trouble amid chaebol reform'. Subscribe