Asiana Airlines reported first-quarter net income of KRW958 billion ($83.8 million), reversed from a KRW2.62 trillion net loss in the year-ago period, on a 27.4% rise in revenue to KRW11.76 trillion. The carrier said that "passenger and cargo demand started to recover" in the second half of last year and continued to rebound in this year's first three months. Expenses increased 1.7% to KRW10.61 trillion. Operating income of KRW1.15 trillion, reversed from a KRW1.2 trillion ...

Subscribe to Access this Entire Article

"Asiana swings to $84 million first-quarter profit" is part of ATW Plus, our online premium membership. Subscribing will provide you access to exclusive news, carefully researched airline financial, fleet and traffic data, plus the option to receive our popular, award-winning print magazine. To learn more, click here. If viewing via ATW Mobile, please login and click "Read web article" to view fully. Questions? ATWPlus@penton.com.

Already registered? here.