Soaring Fuel Prices Hurt Korean Air’s Profitability

Korean Air
Credit: Joe Pries
Korean Air’s second-quarter earnings took a significant hit from the fuel cost crisis caused by the Middle East conflict, although it has a more optimistic outlook for the remainder of the year. The carrier reported a net loss of KRW97.3 billion ($65.1 million) for the three months through June 30...
Adrian Schofield

Adrian is a senior air transport editor for Aviation Week, based in New Zealand. He covers commercial aviation in the Asia-Pacific region.

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