Jowon Tae, Chairman of Hanjin Group, Receives 'Air Cargo Leadership Award of the Year'

Chairman Cho Won-tae of Hanjin Group is taking a commemorative photo with Graham Dunn (left), Editor-in-Chief of FlightGlobal.
Photo by Korean Air

[Asia Economy Reporter Hyunseok Yoo] Cho Won-tae, Chairman of Hanjin Group, received the Air Cargo Leadership Award of the Year.

According to Korean Air on the 19th, Chairman Cho Won-tae was awarded the '2022 Air Cargo Leadership of the Year' at the 'Airline Strategy Awards' ceremony held in London, UK, on the afternoon of the 17th (local time).

The 'Airline Strategy Awards' is an awards ceremony hosted by FlightGlobal, a global aviation media outlet. Since 2002, it has annually selected executives and airlines who have overcome crises based on outstanding leadership and capabilities in eight categories.

Chairman Cho's award this time was possible because he overcame the crisis with innovative cargo business strategies and capabilities despite the COVID-19 pandemic. At the ceremony, Chairman Cho said, "The COVID-19 pandemic was a difficult crisis for everyone in the aviation industry to overcome," but added, "Korean Air quickly converted passenger planes into cargo planes and turned the situation into an opportunity, which was all thanks to the dedication and support of our employees."

Lewis Harper, Editor of Airline Business, also mentioned, "Based on Chairman Cho's leadership, Korean Air shifted its focus to the air cargo business during the COVID-19 pandemic and established itself as a global leader in the aviation industry."

Meanwhile, despite the global air routes being blocked due to the COVID-19 pandemic, Korean Air proactively responded to market changes based on its long-accumulated know-how, capabilities in the air cargo business, and global network. In particular, as the pandemic prolonged and passenger flights halted, Korean Air utilized passenger planes as dedicated cargo planes and converted some passenger planes into cargo planes to expand cargo supply.

This content was produced with the assistance of AI translation services.