Air Transport World

Korean Air.(to take over Daewoo Industries' stake in Korea Aerospace Industries)(Brief Article)

Korean Air will take over Daewoo Industries' stake in Korea Aerospace Industries. Assuming similar agreements with KAI co owners the Hyundai and Samsung groups are consummated, KAL will become the largest owner of the company with 85% and the only maker of aircraft parts and assemblies in South Korea,

KAL has had its own manufacturing division, Korean Air Aerospace, since 1986. …

Log in to your account to read this article – and millions more.