Korean Air heiresses resign from executive roles

Korean Air heiresses resign from executive roles

Korean Air heiresses resign from executive roles

Chairman Cho said the company would "turn over a new leaf" with stronger management led by its board.

Korean Air is not the only airline to be pulled into the spotlight in recent times.

The latest fracas came after the older sister had recently returned as president of Korean Air's hotel network despite resigning from her executive positions four years earlier and serving five months of a one-year jail sentence.

Investigators confiscated Cho Hyun-min's computer and two of her mobile phones and also seized mobile phones and a personal computer belonging to executive members during the marketing firm where her alleged victim works.

Cho Hyun-ah, also known as Heather Cho, rose to global infamy in 2014 after an incident at John F. Kennedy International Airport that has since been dubbed "nut rage". She then ordered the plane - already taxiing and carrying 250 passengers - to return to the gate and had the offending flight attendants ejected, according to the Washington Post.

Cho Yang-ho also issued an apology for his daugters' behavior amid growing anger throughout South Korea against the the family-run conglomerates, known as chaebol, which dominate the country's economy.

Cho Hyun-min has denied she threw the cup at the employee's face, saying she pushed it toward the ground and neither of the victims have reportedly expressed the wish to seek a case against the heiress.

"As chairman of Korean Air and head of a household, I can't help but feel awful about the immature behavior that my daughter has done", Cho Yang-ho said in the statement.

The share price of Korean Air, despite gaining 2.7 per cent Monday afternoon, has lost about 5 per cent since April 12, when the "water rage" scandal first flared up.

Protests have grown so heated, some people even petitioned the South Korean president's office to ban the airline from using "Korean" in its name, the New York Times reported.

"As chairman of Korean Air, as well as a father, I feel awful about the immature actions of my daughters". Cho Yang-ho is chairman of the Hanjin Group, the conglomerate that owns Korean Air.

Seoul police said last week they were launching a formal investigation into the younger Cho, based on the testimonies of people present at the meeting.

The company also plans to expand its Asia-Pacific routes in a joint venture with Delta Airlines by the end of this year.

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