Transport ministry seeks to revoke Jin Air license

There is growing speculation that the transport ministry is inching toward stripping Jin Air of its operating license after giving it a grace period following an alleged violation of a transport law that prevents a foreign national from being a board member. According to several local media outlets Friday, the Ministry of Land, Infrastructure, and Transport is moving toward cancelling the budget airline's air operator certificate, adding the ministry was reviewing measures to absorb possible fallout. The ministry said it has not made a final decision, but plans to announce the results within the coming days. The biggest problem, among others, is how to deal with employees and minority shareholders of the carrier, owned by the nation's largest airline. Jin Air is the second-largest budget airline. <br/>