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Korean Air Reports Record Q2 Revenue Despite Profit Dip from Fuel Costs
Korean Air posted record second-quarter revenue driven by robust passenger and cargo demand, although its operating profit slipped due to higher fuel costs, with profit falling 34%.
13 Jul, 08:06 — 13 Jul, 08:12
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Moderate (32/100)2 sources— more sources would strengthen this score15/33
Spectrum spread— 2/5 buckets covered8/33
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Korea Herald
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channel-news-asia
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Geographic diversity— 2 regions9/34
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Korea HeraldMostly Factual52d ago
Korean Air logs record Q2 revenue despite fuel-driven profit dip
Korean Air posted record second-quarter revenue on robust passenger travel and cargo demand, although operating profit slipped amid higher fuel costs, the national flag carrier said Monday. According to preliminary earnings data, second-quarter revenue rose 26 percent from a year earlier to 5.02 trillion won ($3.4 billion), marking the company's strongest April-to-June performance on record. Operating profit fell 34 percent to 261.8 billion won, pressured by higher jet fuel prices following the
By The Korea Herald
Read full article →channel-news-asiaMostly Factual52d ago
Korean Air Q2 profit falls 34% on higher fuel costs, revenue hits record high
Read full article →Coverage Timeline
First report: channel-news-asia · 13 Jul, 08:06|Full coverage: 2 · 6m|Window: 6m
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