Korean Air Estimates 2018 Net Loss, Cites Fuel, Currency Shifts
Credit: Rob Finlayson
AUCKLAND—Korean Air is estimating a substantial annual loss for 2018, as revenue improvements were outweighed by currency depreciation costs and higher fuel prices. In recently released preliminary financial results, Korean estimated its 2018 net loss at KRW80.3 billion ($71.9 million), a turnaround...
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.
Related Content
