Korean Air 777. Photo: By Roger Payne. Korean Air posted a second quarter net loss of KRW233.1 billion ($197 million), reversed from a KRW78.5 billion profit in the year-ago period, blaming the negative swing in part on a 30% year-over-year surge in fuel costs and the falling value of the won. But it touted a 36.7% jump in revenue to KRW2.84 trillion, which it described in a statement Friday as a "record high." It credited for the improvement "the global economic ...

Subscribe to Access this Entire Article

"Korean Air slides to second quarter loss but touts 'record high' revenue" 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.