Exchange Rate Headaches Push Korean Airlines Into Red

Korean Airlines plunged to a steep third-quarter net loss, thanks mainly to unfavorable currency shifts that outweighed gains from lower fuel prices. The airline’s net loss of 392 billion won ($361.4 million) was a dramatic reversal from a profit of 335 billion won in the same period last year. This...
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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