Air Transport World

Korean Air.(Asia/Pacific Report)(Brief Article)

Korean Air reported a 62% drop in third-quarter profits because of higher fuel costs--which were up 56%--and falling domestic passenger traffic. The airline's net profit slumped to 85.4 billion won ($77.6 million) from 227 billion won for the same period in 2003 despite a 17.6% increase in revenue to 1.99 trillion won. Domestic traffic was down 11. …

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