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Monthly Archives: November 2015

Hanjin Group Chairman Yang Ho Cho garnered the title of Grand Officier in France’s Légion d’Honneur

Hanjin Group Chairman Yang Ho Cho garnered the title of Grand Officier  in France’s Légion d’Honneur

Seoul, Korea (5 November, 2015) – Hanjin Group Chairman, Yang Ho Cho, today received one of the highest civilian honors awarded by the French Government.

Chairman Cho is granted the title of Grand Officier in France’s Légion d’Honneur by the President of France, François Hollande, at a special ceremony held today at Seoul Grand Hyatt Hotel. The ceremony was held during President Hollande’s visit to Korea.

Chairman Cho has been networking in the private business arena as Chairman of the Korea-French High Level Businessmen’s Club. Further taking up the role of Chairman of France-Korea Year 2015-2016, Chairman Cho actively fosters cooperative ties between the two countries by advancing joint businesses opportunities.

Recently, Korean Air celebrated the launch of the Musée d’Orsay’s first-ever Korean-language audio guide, sponsored by the airline.

Founded by Napoléon Bonaparte in 1802, the Légion d’Honneur is France’s highest decoration, recognizing achievements in fields including public service, economics and culture. It is divided into five classes of increasing distinction: Chevalier (Knight), Officier (Officer), Commandeur (Commander), Grand Officier (Grand Officer) and Grand Croix (Grand Cross).

Chairman Cho was awarded the title of ‘Commandeur de la Légion d’Honneur’ in 2004 for his contribution to the bilateral cooperation between France and Korea.

The honor proves that Chairman Cho is following in the footsteps of his father, the late Chairman Choong Hoon Cho and the founder of Hanjin Group. Prior to Chairman Cho recent award, the late Chairman Choong Hoon Cho was the only Korean recipient of Grand Officier.

About Korean Air

Korean Air, established in 1969, is one of the world’s top 20 airlines and carried more than 23 million passengers in 2014. Korean Air operates in excess of 430 flights per day to 127 cities in 44 countries on six continents with a fleet of 162 aircrafts including ten A380s.

With its modern aircraft and over 20,000 professional employees, Korean Air offers customers safety, convenience and comfort. Korean Air’s award-winning offerings of Korean and Western meals and state-of-the-art inflight entertainment system provide passengers with a memorable inflight experience.

The airline is a founding member of the Sky Team airline alliance which together with its 20 members, offers its 612 million annual passengers a worldwide system of more than 16,320 daily flights covering 1,052 destinations in 177 countries.

Korean Air introduced the double-decker A380 aircraft to its fleet in 2011 and made the interior more spacious than any other airline, with just 407 seats spread across three classes, with the top deck dedicated to ‘Prestige’ business class. The design also features the world’s first onboard ‘Duty Free Showcase’ and three bar lounges.

More on Korean Air’s programs, routes, frequencies and partners is available at www.koreanair.com 

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Hanjin Group’s 70th corporate anniversary

Hanjin Group’s 70th corporate anniversary

Biography of the former chairman Cho Choong-hoon published

Seoul, Korea (2 November, 2015) – A biography of the late Chairman and founder of Hanjin Group, Cho Choong-hoon, titled ‘BUSINESS as an ART’, has been published and is now available to the public.

An event, to launch the book detailing Mr. Cho’s extraordinary achievements, was held during the 70th anniversary celebration of the Hanjin Group, which took place at the West Tower Grand Ballroom of the Grand Hyatt Incheon on November 2nd.

Mr. Cho established ‘Hanjin Transportation’ in 1945, in Haean-dong, Incheon, with the company name meaning ‘March of the Koreans’. Mr. Cho went on to follow an expansion path in the transportation industry creating land, sea, and air transportation corporations, including Korean Air and Hanjin Shipping. The corporation encompassed a full range of global logistics and transportation companies, now known as the Hanjin Group. Mr. Cho passed away in 2002 but his powerful legacy lives on.

Hanjin Group has been working on the publication of a commemorative biography of Mr. Cho since 2010, to honor his passion and achievements and also detailing the challenges he faced as a young man when he launched Hanjin 70 years ago.  With all credit to Mr. Cho and thanks to his solid management philosophy he went on to become the leader of the nation’s transportation industry.

The publication of ‘BUSINESS as an ART’ is a very meaningful work in terms of being a historical recording of the Hanjin corporate story, based on the founder’s life story; it is also a fascinating insight into the history of Korea’s transportation and logistics industry.

The biography, ‘BUSINESS as an ART’ contains nine chapters and 392 pages; ‘An Odyssey at Sea’, about Cho’s childhood and the founding and early days of Hanjin Transportation; ‘The Legend of Quy Nhon’, describing the transportation business opportunity in Vietnam; ‘Opening Up the Skies’, detailing the takeovers and development of Korean Air Lines; ‘Carrying the World on Its Wings’; ‘Realizing the Dream of Becoming a Shipping Magnate’; ‘Variations on the ‘Transportation’ Theme’; ‘The Passionate Citizen Diplomat’; ‘Caretaker of the Forest of Talent’ and ‘Master of the Art of Life and Business’.

The biography follows Mr. Cho’s journey transforming the business ‘into an art’ with his philosophy and originality and his overriding principle of serving his country with patriotism, wisdom, diplomacy and education.

The work is destined to become revered as a valuable record of the economic and diplomatic history of the Republic of Korea. It includes hidden episodes and unseen photographs, such as the image of a dockside ship unloading at Quy Nhon Port, Vietnam, incidents illustrating Korea-Japan economic diplomacy and the manufacturing of Korean combat equipment.

Former Prime Minister Lee Hong-koo and Son Gil-seung, former President of the Federation of the Korean Industries, who were close associates of Mr. Cho, wrote testimonials for the book. Mr. Lee said: “I recommend this book to young people and students who are sketching out their life plans. Cho Choong –hoon, who was an avid reader, would agree with me on this advice.” Mr.Son said: “We rarely see business books based on a beautiful philosophy.” And he recommends the book with the comment : “Though Cho has passed on, his story is alive and breathing. If you dream of accomplishing great things as a businessman, entrepreneur, or executive, you should not miss this opportunity to meet and learn from Cho Choong-hoon through this book.”

Lee Im-gwang, biographer and former reporter of Forbes Korea, is the author of ‘Business as an Art’. Over a period of four and a half years he collected live testimonies from interviews with more than 40 senior representatives of the Hanjin Group and acquaintances of Mr Cho.

About Korean Air

Korean Air, established in 1969, is one of the world’s top 20 airlines and carried more than 23 million passengers in 2014. Korean Air operates in excess of 430 flights per day to 127 cities in 44 countries on six continents with a fleet of 162 aircrafts including ten A380s.

With its modern aircraft and over 20,000 professional employees, Korean Air offers customers safety, convenience and comfort. Korean Air’s award-winning offerings of Korean and Western meals and state-of-the-art inflight entertainment system provide passengers with a memorable inflight experience.

The airline is a founding member of the Sky Team airline alliance which together with its 20 members, offers its 612 million annual passengers a worldwide system of more than 16,320 daily flights covering 1,052 destinations in 177 countries.

Korean Air introduced the double-decker A380 aircraft to its fleet in 2011 and made the interior more spacious than any other airline, with just 407 seats spread across three classes, with the top deck dedicated to ‘Prestige’ business class. The design also features the world’s first onboard ‘Duty Free Showcase’ and three bar lounges.

More on Korean Air’s programs, routes, frequencies and partners is available at www.koreanair.com