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DECEMBER 2021

Orient Aviation - www.orientaviation.com

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Walter Cho named Orient Aviation 2021 Person of the Year

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December 1st 2021

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(Seoul, December 1, 2021) - Walter Cho, Chairman and CEO of Korean Air and Hanjin Group, has been named 2021 Person of the Year by Orient Aviation. Read More »

The media group, which launched in 1993 as Asia-Pacific’s first commercial aviation news magazine, selects its Person of the Year based on distinguished regional and global aviation industry leadership and performance.

“I’m honored and humbled to be chosen as Orient Aviation’s Person of the Year,” said Walter Cho. “This was made possible because of the dedicated and loyal effort of our people.” He added “I’m grateful for our people’s commitment and proud of the smart decisions we’ve made to transform our business to adapt to new environments.”

“Walter Cho’s nimble and market accurate strategy for Korean Air has resulted in profitable operations unrivalled by the company’s airline peers,” noted Christine McGee, Publisher and Editor-in-Chief of Orient Aviation.

Cho’s selection as the publication’s Person of the Year during one of the greatest global aviation industry has vouched for his outstanding leadership and business acumen.

As the pandemic forced the passenger business to virtually come to a halt, Korean Air shifted its focus to its cargo operation by maximizing the utilization of its cargo fleet, converting passenger jets to freighters and operating cargo-only passenger flights, Orient Aviation said.

With its extensive knowledge and experience in handling specialized cargo, the airline has been transporting COVID-19 vaccines, medical equipment and personal protection equipment as well as companies’ emergency supplies throughout the pandemic. These efforts have enabled the company to not only post a record quarterly cargo revenue, but also operating profits for six consecutive quarters.

During the COVID-19 crisis, amid many uncertainties in the aviation market, Walter Cho also made the bold decision to acquire Asiana Airlines, a leadership move highly praised as an effort to strengthen the Korean domestic aviation industry and propel the company forward in the post-pandemic global aviation industry.

Korean Air also has been working to improve passenger sales despite significant disruptions in passenger services by operating charter flights to meet overseas Koreans’ transport needs and niche commercial demands.

The airline has continued its efforts to reduce carbon emissions by partnering with major Korean oil companies, SK Energy and Hyundai Oilbank, to adopt carbon-neutral jet fuel and sustainable aviation fuel, respectively.

In June, Korean Air was selected as Air Transport World’s 2021 Airline of the Year. Under Walter Cho’s leadership, the airline seeks to grow into the world’s most loved airline.

 

Christine McGee
Publisher and editor-in-chief
Orient Aviation Media Group

Tom Ballantyne
Associate editor and chief correspondent
Orient Aviation Media Group

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June 1st 2024 12:09am

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May 30th 2024 10:07pm

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May 29th 2024 12:13am

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May 29th 2024 12:13am

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May 28th 2024 09:23pm

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May 10th 2024 09:54pm

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May 9th 2024 04:22am

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April 30th 2024 12:10am

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April 24th 2024 08:37pm

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April 23rd 2024 04:39pm

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April 18th 2024 07:01am

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April 9th 2024 11:57pm

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April 7th 2024 03:28pm

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April 7th 2024 03:28pm

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April 5th 2024 08:16pm

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April 5th 2024 03:51am

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April 3rd 2024 12:37am

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March 29th 2024 03:36am

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March 24th 2024 09:11am

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February 25th 2024 05:09pm

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February 25th 2024 05:09pm

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February 10th 2024 10:19pm

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February 7th 2024 07:21am

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January 17th 2024 06:20pm

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December 26th 2023 12:31pm

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December 1st 2023 10:50am

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November 21st 2023 12:04pm

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November 20th 2023 07:32pm

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November 18th 2023 06:59pm

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November 3rd 2023 03:43pm

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October 31st 2023 11:28am

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September 29th 2023 08:49pm

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June 7th 2022 11:02am

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