Korean Air significantly bettered its quarterly profit after “successful” passenger capacity expansion, with its cargo operations again providing a significant boost to its earnings.
For the three months ended 30 September, Korean Air reported an operating profit of close to W619 billion ($443 million), a 19% jump compared with the year-ago period.
Revenue for the period stood at W4.2 trillion, up 10% year on year. Korean Air notes both cargo and passenger revenues increased, with…