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.
On the eve of Victory Day and for 10 days after it Moscow Domodedovo Airport invites veterans of the Great Patriotic War departing or arriving at the air harbor to the VIP lounge
According to the Phobos weather center, from April the southern wind will intensify, and a powerful advection of Black Sea air will begin in the continental regions of the country
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