Korean Air is a founding member of SkyTeam alliance and SkyTeam Cargo. The present-day Korean Air traces its history to March 1, 1969, when Hanjin acquired government-owned Korean Air Lines, which had operated since June 1962. ( Korean: 주식회사 대한항공 Hanja: 株式會社 大韓航空 RR: Jusikhoesa Daehan Hanggong), operating as Korean Air, is the flag carrier of South Korea and its largest airline based on fleet size, international destinations, and international flights.