Owing to a $300 million fine it agreed last week to pay to the US Dept. of Justice for antitrust violations regarding fares and surcharges, Korean Air reported a second-quarter net loss of KRW214 billion ($229 million), a significant decline from a net profit of KRW14.9 billion in the year-ago quarter. Operating revenue increased 8.9% to KRW2.11 trillion as operating expenses rose 8.9% to KRW2.03 trillion, producing operating income of KRW75.4 billion, a 9.3% improvement over KRW69 billion ...

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