IATA Annual Meeting to Take Place in Seoul from June 1-3

Korean Air announced on April 1 that the 75th IATA Annual General Meeting takes place from June 1 to 3 at the COEX Grand Ballroom located in Seoul. The conference is expected to be attended by more than 290 airline and aircraft manufacturer executives from over 120 countries across the world.

The 75th meeting, which is the first IATA annual general meeting in Seoul, is going to be presided over by Korean Air. At present, Hanjin Group chairman Cho Yang-ho is a member of the board of governors (BOG) and the Strategy and Policy Committee (SPC) of the International Air Transport Association (IATA). The association appointed him to his position at the annual meeting held in Sydney in June last year.

The chairman, in the meantime, lost his board seat at Korean Air’s shareholder meeting on March 27. Under the circumstances, some pointed out that the upcoming IATA meeting may be affected. “It is true that the chairman lost his inside director position, but that does not mean a lost control,” Korean Air explained, adding, “Cho is still maintaining his unregistered chairman position and, as such, he can represent the company at the international conference.” The IATA has made no official comment on the issue.