SEOUL -- Delta Air Lines' 100 billion won ($86.4 million) investment in Korean Air Lines parent Hanjin-KAL last week threatens to slow the restructuring of South Korea's largest carrier by bolstering the conglomerate's family owners against calls for change from a local activist fund, analysts are warning.
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Korean Air restructuring at risk after Delta takes stake: analysts
US carrier's investment bolsters Cho family against activist fund
Delta Air Lines' investment in Hanjin-KAL could help the Korean Air parent fend off calls for reform by an activist fund. (Photo by Takaki Kashiwabara)
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