Seoul to hold hearing to decide on future of Jin Air licence

South Korea’s transport ministry will wait on the outcome of a formal hearing before deciding whether to cancel Jin Air’s business licence, after a former board member was found to hold foreign citizenship. The issue stems from the appointment of Cho Hyun-min to the board of the airline between 2010 and 2016. The daughter of former Jin Air co-CE and Hanjin Group chairman Cho Yang-Ho was found to be a US citizen, and thus ineligible under Korean law to hold the board position. The hearing is expected to take 2 to 3 months, and will call on senior executives at the carrier to testify on the matter. A separate review into how the transport ministry allowed Cho Hyun-min to sit on the airline’s board will also be held. <br/>