TIACA honours airline cargo leaders for Hall of Fame

THE International Air Cargo Association's (TIACA) Hall of Fame now recognises the outstanding contribution of Yang Ho Cho of Korean Air and Edwin (Ned) Wallace, of Wallace Air Cargo Group for significant contribution to the development of the freighter industry, said TIACA chairman's council member, Gary Bartek in a company statement.

Korean Air chairman and CEO, Mr Yang, and Mr Wallace, founder of Wallace Air Cargo Group will be officially inducted into the Hall of Fame at a dinner on April 27th during TIACA's annual general meeting in Vancouver.

Created in 1997, the Hall of Fame currently recognises the contribution of 40 of air cargo's most influential business leaders. TIACA members, industry organisations and the industry press are invited to nominate individuals to be considered as award recipients to be selected by TIACA's chairman's council, which includes all past chairmen.

Said Mr Bartek of the awards: "Yang Ho Cho's 35-year career with Korean Air has overseen the creation of the world's largest commercial air cargo carrier, transporting 1.75 million tons a year, while Ned Wallace's roots go back to the pioneering airfreight airline Flying Tigers in the mid 1960s. Their achievements more than deserve this important recognition in the history of the air cargo industry."

Ned Wallace joined The Flying Tiger Line from college in 1966 and has been instrumental in establishing and expanding Flying Tiger's critical transpacific freighter operation, making extensive use of operational hubs in Tokyo and Anchorage.

He helped plan and manage the carrier's transition first from turbo-prop CL-44's to a B707 and DC-8 jet fleet and finally to Boeing 747 freighters. When Flying Tigers acquired Seaboard World Airlines and that carrier's broad transatlantic traffic rights, he played a significant role in the successful integration of the two companies.

Source: Schednet