Hanjin chairwoman expects industry-wide recovery late next year

Hanjin chairwoman Choi Eun-Young, whose company is a major operator on Asia-US routes, said she anticipates the downturn in the industry will end late next year, reported Reuters.
The Korean carrier, Hanjin Shipping, expects to see its own losses narrow next year, she said, without elaborating. Ms Choi was speaking at a news conference to mark the launch of Hanjin Shipping Holdings, a holding company split from Hanjin Shipping.