Korean Air posted a first-half consolidated net loss of KRW302 billion ($267 million), reversed from a KRW206 billion profit in the year-ago period. Foreign exchange losses totaled KRW174 billion in the first half, a negative shift of KRW494 billion year-over-year. Korean currency weakness hit the carrier particularly hard since 63% of its debt is in US dollars. Excluding foreign exchange losses and other special items, the carrier achieved a first-half operating profit of KRW187 billion, ...

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