Hanjin-GE cooperation

Hanjin Group Chairman Cho Yang-ho, second from left, and General Electric (GE) Chairman Jeffrey Immelt, third from left, pose with other officials after signing an agreement at the Hotel Shilla in central Seoul, Monday. GE will give $2 million to Inha University, an affiliate of Hanjin, to set up a GE-Inha Innovation Center, tasked with conducting joint studies on aviation, energy and the environment. / Courtesy of Korean Air