Korean Air Lines Co Ltd’s chief executive said on Monday that he is concerned that rising interest rates and inflation could impact consumer demand and that rising competition could lower ticket prices.
The high U.S. dollar is “painful” and makes debt costs higher, he added.
(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)
This file photo provided by Korean Air shows a B787-9 passenger jet taking off from Incheon International Airport in Incheon,...
Read moreSEOUL, June 29 (Yonhap) -- Korean Air Lines Co. and Asiana Airlines Inc., South Korea's two biggest carriers, on Wednesday...
Read moreKorean Air will increase international passenger capacity to about half of pre-pandemic levels by the end of the year, as...
Read moreKorean Air is making plans for the integration of three subsidiary LCCs after its takeover of Asiana Airlines is finalized. ...
Read more
