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How much does Delta own of Korean Air?

Delta Air Lines (DL, Atlanta Hartsfield Jackson) has increased its stake in Hanjin KAL, the parent company of Korean Air (KE, Seoul Incheon), from 9.21% to 11%, it announced in a report to the South Korean securities exchange on February 21.



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The development of the JV furthered last summer when Delta completed the acquisition of a 10% equity stake in Hanjin-KAL, the largest shareholder of Korean Air. The Atlanta-based carrier previously shared that this move demonstrates its commitment to the success of the program.

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Korean Air has been announced as AirlineRatings.com's 2023 Best Airline in North Asia and Cargo Airline of the Year and has been ranked number four in the global rating agency's Top Twenty Five Airlines.

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Delta Air Lines has increased its stake in Hanjin KAL, parent company of Korean Air, to 11%. Delta previously held 9.21%. The cost of the new shares is thought to be approximately $49 million.

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Institutional investors hold a majority ownership of DAL through the 72.70% of the outstanding shares that they control.

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Endeavor Air, a wholly-owned subsidiary of Delta Air Lines, is the world's largest operator of CRJ-900 aircraft. Flying as Delta Connection, Endeavor operates 124 regional jets on 700 daily flights to over 100 cities in the United States and across North America.

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Any SKYPASS member can redeem miles for Korean Air first class flights. Availability is often good, partly because Delta SkyMiles members cannot redeem their miles for Korean Air first class (only business or economy).

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Personally I consider Delta to be the best out of the US airlines, but from my experience pretty much every Asian airline, like Korean Air or JAL, are usually superior. Especially from customer service and food quality.

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Korean Air has received recognition for its efforts to enhance customer service, such as the differentiation of its services and introduction of next-generation, eco-friendly aircraft.

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High season is considered to be January, November and December. The cheapest month to fly from the United States is April. Enter your preferred departure airport and travel dates into the search form above to unlock the latest Seoul flight deals.

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Jeju Air is the largest low-cost airline operating in Korea.

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