- Business
- Hanjin Kal Corp. (KRX: 18064K) serves as the holding company for Hanjin Group, overseeing investments and operations in aviation, hospitality, real estate, and tourism sectors primarily in South Korea. Founded in 2013 and headquartered at 117 Seosomun-ro, Jung-gu, Seoul, the company, through its subsidiaries including Korean Air Lines Co. Ltd., provides air transportation services such as scheduled flights to 124 cities across 44 countries with a fleet of 166 aircraft; hotel operations encompassing three owned hotels and a resort; computerized reservation systems; travel agency and international tourism services; real estate leasing and rental business; building management including maintenance, parking operations, and facility rentals; as well as investment, management consulting, licensing, golf, leisure, food, and accommodation offerings. Geographically, it focuses on South Korea with overseas activities concentrated in Asia, Europe, and North America. In recent developments, Hanjin Kal strengthened its control over affiliate Jungseok Enterprise Co. Ltd. by acquiring an additional 12.22% stake for 52 billion won in May 2025, increasing its ownership to 60.49%; deepened strategic alliances with LS Group in aerospace and other areas to counter Hoban Group's increased shareholding to 18.46%; and divested 66.3 billion won worth of treasury shares in May 2025 amid ongoing shareholder dynamics.