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Korean Air's Quarterly Profit Defies Coronavirus Travel Slump

WorldNews Thursday, 6 August 2020
Korean Air's Quarterly Profit Defies Coronavirus Travel Slump(Bloomberg) — Korean Air Lines Co. provided some rare positive news for the devastated global aviation industry Thursday, reporting a quarterly profit after flying planes loaded with products from South Korean technology giants to homebound consumers around the world. The carrier’s operating profit was 148.5 billion won ($125 million) for the April-June period. Cargo sales climbed 95% from a year earlier to 1.23 trillion won. Asiana Airlines Inc. could follow...
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