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...

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