By August this year Korean Air will be restructured into two entities: Hanjin KAL Holdings, which will be responsible for investment business management, and Korean Air, which will manage the overall airline business operations. With this restructuring, the company hopes to increase its asset value and improve its transparency, whilst at the same time the creation of a systematic management system will serve to boost business efficiency and stability for the company. Existing shareholders of Korean Air will receive their shares of the new holding company in proportion to their current stocks. Tai Soo Suk, incumbent President and COO of

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