It is one of the 10 airlines ranked 5-star airline, and the top 20 airlines in the world in terms of passengers carried and is also one of the top-ranked international cargo airlines. Korean Air is a founding member of the airline alliance SkyTeam and SkyTeam Cargo. The present-day Korean Air was established on 1 March 1969, after the Hanjin Group acquired government-owned Korean Air Lines, which had operated since June 1962. It is the flagship property of the Hanjin Group.
( Korean: 주식회사 대한항공 Hanja: 株式會社 大韓航空 RR: Jusikhoesa Daehan Hanggong), operating as Korean Air, is the flag carrier of South Korea and its largest airline based on fleet size, international destinations, and international flights.