Korean Air achieved a revenue of $ 2.693 bn in its second fiscal quarter, a 6% year-on-year increase following the strong recovery of travel demand. The airline posted a moderate operating profit of $ 356.5 mn compared to last year, due to rising operation costs and airport fees.
The airline’s Q2 passenger business revenue rose by 154% y-o-y as a result of the increase in its passenger capacity by 20% from the previous quarter to meet strong travel demand.
Korean Air expects stronger results from its passenger business in Q3 2023, fueled by robust travel demand during the summer and autumn Chuseok (Korean Thanksgiving) holiday peak seasons. The airline plans to maximize revenue by expanding operations to popular vacation destinations and flexibly increasing capacity on routes where high demand is expected.
The bill received proposals from regions, the Presidential Administration, the Security Council, federal agencies, public organizations, and nearly 1,500 citizen appeals.
The forum, which brought together experts from a wide range of industries, hosted approximately 50 business events across three thematic areas: economics and investment, architecture and integrated territorial development, and tourism and hospitality.
This collaboration reflects a broader shift toward discovery-led destination development, bringing together Klook's data and digital infrastructure with OCTB's on-the-ground expertise to shape how travelers experience Osaka beyond its city center.
France has once again cemented its position as the world’s most visited destination, welcoming 102 million international tourists in 2025 – up from 100 million in 2024 – while posting a sharp 9% jump in tourism revenues.
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