Scandal-hit Korean Air tycoon’s death sends shares soaring
Cho Yang-ho, head of South Korean flag carrier Korean Air, died at a Los Angeles hospital yesterday. He was 70. – EPA pic, April 8, 2019.
THE head of South Korean flag carrier Korean Air – whose family have been embroiled in multiple scandals, including the infamous “nut rage” tantrum – has died, said the airline today, sending its shares soaring. Cho Yang-ho, 70, was on trial for corruption, and his death comes less than two weeks after he was forced off the board by shareholders amid snowballing scandals surrounding his family members.
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