ID :
88881
Tue, 11/10/2009 - 16:32
Auther :
Shortlink :
https://www.oananews.org//node/88881
The shortlink copeid
Korean Air returns to black in Q3
SEOUL, Nov. 10 (Yonhap) -- Korean Air Lines Co., South Korea's top airline,
announced Tuesday that it bounced back into the black during the third quarter of
this year, helped by cheaper fuel costs and a stronger won.
Korean Air earned 264 billion won (US$227.9 million) in the three months to
September, compared with a net loss of 684 billion won for the same period a year
ago, the company said in a statement.
The result marked the second straight quarterly profit this year, according to
the statement.
Korean Air also returned to an operating profit of 100 billion won for the
July-September period, though sales fell 10.3 percent to 2.47 trillion won.
(END)
announced Tuesday that it bounced back into the black during the third quarter of
this year, helped by cheaper fuel costs and a stronger won.
Korean Air earned 264 billion won (US$227.9 million) in the three months to
September, compared with a net loss of 684 billion won for the same period a year
ago, the company said in a statement.
The result marked the second straight quarterly profit this year, according to
the statement.
Korean Air also returned to an operating profit of 100 billion won for the
July-September period, though sales fell 10.3 percent to 2.47 trillion won.
(END)
