Fuel, Currency Woes Push Korean To First Operating Loss In Five Years

Korean Air Aug. 14 reported a second-quarter net loss of US$279 million that included its first quarterly operating loss since 2003, when the outbreak of the SARS penumonia devastated air travel demand for Asian carriers. The second quarter 2008 compared with a US$206.9 million loss in the second...

Subscription Required

 

This content requires a subscription to one of the Aviation Week Intelligence Network (AWIN) bundles.

Schedule a demo today to find out how you can access this content and similar content related to your area of the global aviation industry.

Already an AWIN subscriber? Login

 

Did you know?  Aviation Week has won top honors multiple times in the Jesse H. Neal National Business Journalism Awards, the business-to-business media equivalent of the Pulitzer Prizes.