Korean Air A380. Courtesy, Airbus Korean Air (KE) incurred a KRW159 billion ($140 million) net loss in the second quarter, reversed from a KRW21 billion net profit in the year-ago period. Steep foreign exchanges losses and interest expenses helped push KE into the red for the three months ended June 30. The Seoul-based carrier did boost second-quarter revenue 11.1% year-over-year to KRW3.27 trillion while expenses rose 6% to KRW3.14 trillion, producing an operating profit of KRW129 ...

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