Launched in 1974, the ATW Airline Industry Achievement Awards are a number of the most coveted honors an airline or particular person can obtain.
Walter Cho, Korean Air Chairman and CEO, has been awarded the celebrated Excellence in Leadership Award by Air Transport World (ATW).
“Since taking the helm at Korean Air in 2019, Walter Cho has rapidly gained a worldwide reputation for industry vision and dynamic management. His nimble and out-the-box thinking, particularly with regard to airline partnerships—especially the transpacific joint venture with Delta Air Lines—and the company’s cargo business, made Korean stronger than ever through the worst times of the pandemic. As chair of the SkyTeam global alliance board and a member of the IATA board of governors, Mr. Cho has emerged as an excellent leader at Korean and across the industry,” stated Air Transport World.
Cho’s management and disaster administration have been widely known over the course of the pandemic, as he efficiently navigated the COVID-19 disaster and led the airline to realize report excessive earnings each in 2021 and 2022.
Amid many uncertainties throughout COVID-19, Cho made the daring and historic choice to accumulate Asiana Airlines, the largest deal within the international aviation trade throughout the pandemic. Once the acquisition is full, Korean Air will turn out to be one of many world’s prime 10 airways.
“The unprecedented pandemic crisis has proven the importance of connectivity, our industry’s core value. The entire Korean Air team, along with our partners, combined our efforts to maintain connectivity for both passengers and cargo, even when strict border controls were in place. I genuinely appreciate ATW’s recognition of our efforts and am humbled to receive the award on behalf of everyone at Korean Air. I trust the year 2023 will be dynamic and exciting for all of us, and Korean Air will adapt to changes and provide reliable services to our customers and partners, and keep evolving,” stated Walter Cho.
Korean Air was acknowledged for the previous two years as ATW’s 2021 Airline of the Year and 2022 Cargo Operator of the Year. Cho has additionally obtained quite a few awards for his excellent management reminiscent of FlightGlobal’s 2022 Air Cargo Leadership Award and Orient Aviation’s 2021 Person of the Year.
This 12 months’s forty ninth awards ceremony will probably be held in Istanbul on June 2.
