Korean Air 777-200. Photo: By Rob Finlayson. Korean Air reported a 2010 net profit of KRW468.4 billion ($418.6 million), reversed from a net loss of KRW98.9 billion in 2009, marking its first profitable year since 2007. Full-year revenue lifted 22% to KRW11.46 trillion while expenses heightened 11.7% to KRW10.34 trillion, producing an operating profit of KRW1.12 trillion, significantly improved over an operating profit of KRW133.4 billion in 2009. Fourth-quarter net income of ...

Subscribe to Access this Entire Article

"Korean Air swings to $419 million 2010 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.