The Wilshire Grand is owned and operated by Korean Air, a subsidiary of the Hanjin Group, one of the largest international companies operating in Los Angeles. A global airline, Korean Air flies from more North American gateways to more cities in Asia than any other airline in the world. Flying from over 110 cities in 39 countries, Korean Air operates a fleet of over 120 aircrafts and carries over 2 billion passengers and 162 million tons of cargo per year. Los Angeles has been the center of Korean Air’s operations in North and South America since 1972. Korean Air and the Hanjin Group have had great economic impact on Los Angeles in the following ways:

Economic Impact of Hanjin in Los Angeles
• 1,900 direct and indirect jobs in LA County
• $1.35 billion in total economic output in 2008
• $53.6 million annual employee earnings per year

Hanjin’s Trade Related Economic Impact
• Responsible for 5.6% of all containerized traffic moving through
  local ports
• Responsible for 10% of all containerized traffic moving between
  local ports and South Korea
• 35,000 direct and indirect jobs in the region are tied to Hanjin
  port-related goods movement

Economic Impact of Korean Air Overseas Flights
• Two transoceanic flights through LAX per day
• Generates $1.25 billion in annual economic output for Los Angeles
• Sustains 6,250 permanent jobs
• $310 million in annual employee earnings