Korean Air Announces 2012 Q2 Results
Korean Air, South Korea’s flagship airline, announced today its financial results for the second quarter of 2012 ended June 30, 2012.
The airline posted operating income of 3,119 billion KRW for the second quarter of 2012, a year-on-year increase of 9.9%. Operating profit turned to black from a loss of 38 billion KRW in the same period of last year to a profit of 100 billion KRW. International passenger and cargo businesses remained the major revenue contributors for the airline, accounting for 56.8% and 25.1% of the operating revenue respectively.
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