Korean Air posts 2018 net loss on fuel costs, currency shifts
Credit: Rob Finlayson
Korean Air reported a net loss for 2018 as revenue gains were outweighed by the impacts of higher fuel prices and currency depreciation. In preliminary results, the Seoul-based airline estimated a 2018 net loss of KRW80.3 billion ($72.2 million), a turnaround from a KRW908 billion net profit in the...
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