Korean Air widens 4Q losses due to unfavorable exchange rates

Credit: By Rob Finlayson
Korean Air posted a KRW272 billion ($247.5 million) net loss for the fourth quarter and a KRW458 deficit for the full year, widened from a KRW57 billion loss recorded in the year-ago period. The Korean flag carrier has not been able to reap the financial benefits of low fuel prices that other...

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