Korean Air reported third-quarter net income of KRW126 billion ($132.3 million), down 17.7% from KRW154 billion in the year-ago quarter, but pointed to a 3.4% rise in revenues to KRW2.19 trillion and an improvement over second-quarter net income of KRW15 billion as evidence of solid financial performance. The carrier has been trimming domestic capacity, down 8.7% in the quarter to 1.35 billion ASKs, in favor of international expansion and is focused particularly on the Chinese market and ...

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