November 2022, Virtual
21 November 2022, Hilton London Metropole
Korean Air has announced its Q3 profits are 2.6 times higher than the figure for July to September 2009.
The Seoul-based airline recorded an operating profit of KRW 358.1 billion ($316.5 million) during the third quarter of 2010.
It is the largest operating profit in Korean Air’s 48-year history, the airline said.
The strong growth was pushed by an increase in passenger numbers.
Outbound traffic from South Korea went up by 23% year-on-year, while overseas and transit passengers increased by 8%.
In a statement, Korean Air said it sees “an encouraging rebound in the aviation industry going ahead”.
The Skyteam member has placed an order for five A380 aircraft, the first of which will arrive in May 2011.
The airline currently has a fleet of more than 130 aircraft, flying to 118 cities in 39 countries.