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Context
What happened: Korean Air and Hanjin Group Chairman and CEO Walter Cho was named Asia Airline executive of the year at the CAPA Airline Leader Summit Asia, held at New Chitose Airport in Hokkaido, Japan.
Key numbers: Combined Korean Air and Asiana carrier scheduled to launch Dec. 17.
Why it matters: Judges cited Cho's pandemic management and oversight of the Korean Air and Asiana integration. CAPA's Marco Navarria called his leadership transformative for the airline and the region.