Korean Air reported a consolidated net loss of KRW642 billion ($565 million) in the fourth quarter of 2016, reversed from a profit of KRW132 billion in the same period a year earlier. The full-year 2016 loss was KRW557 billion, slightly better than the KRW563 billion loss in 2015. The Seoul-based carrier recorded an operating profit of KRW178 billion for the fourth quarter, with foreign currency-related losses and interest costs the main reason for the net loss. Losses related to Korean ...

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