The Hanjin Group is a South Korean chaebol. The group has various industries covered from transportation and airlines to hotels, tourism, and airport businesses, and is one of the largest chaebols in Korea. The group includes Korean Air, which was acquired by the founder Cho Choong-hoon in 1969, and was the owner of Hanjin Shipping before its bankruptcy. In 2013, Hanjin Group officially switched from cross ownership to a holding company structure with the establishment of Hanjin KAL Corporation. The group is controlled by descendants of Cho Choong-hoon, and many construction chaebols are the major shareholders of Hanjin KAL. Wikipedia