Korean Air Profit Sinks As Pilot Strike Takes Toll
Korean Air's full-year 2005 net profit sank 61% to KRW202.3 billion largely due to the high fuel prices and pilot strike last month. Revenue was up 5.2% to KRW7.6 trillion and operating profit rose by 12.6% to KRW432.2 billion. "High fuel prices throughout the year, combined with the pilot's strike...
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