Korean Air reports return to profitability in 2Q2020

6 August, 2020

Korean Air reported (06-Aug-2020) the following financial highlights for the three months ended 30-Jun-2020:

  • Revenue: KRW1690.9 billion (USD1.4 billion), -44% year-on-year;
    • Cargo: KRW1225.9 billion (USD1 billion), +94.6%;
  • Operating profit: KRW148.5 billion (USD121.7 million), compared to a loss of KRW101.5 billion in p-c-p;
  • Net profit: KRW162.4 billion (USD133.1 million), compared to a loss of KRW380.8 billion in p-c-p;
  • RPKs: -92.2%;
  • FTK: +17.3%. [more - original PR - Korean]