Korean Air News

Korean Air Posts Q1 Loss On Weaker Currency

May 7, 2009

Korean Air on Thursday reported its sixth consecutive quarterly net loss as the benefit of lower fuel prices was outweighed by currency-related losses and higher interest costs.
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South Korea Tells North To Withdraw Airline Threat

March 6, 2009

South Korea told the North on Friday to immediately withdraw a threat it made against the South's commercial airlines that has forced them to stop flying near the airspace of the communist North.
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Korean Air To Buy 6 Airbus A330s

February 26, 2009

Korean Air Lines said on Thursday it plans to buy six Airbus A330-200 planes for USD$1.06 billion.
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Korean Air Sees Crude Prices At USD$75 In 2009

February 9, 2009

Korea Air Lines said on Monday it expects US crude oil prices to average USD$75 a barrel in 2009, down from USD$99.75 a barrel in 2008.
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Korean Air To Buy 2 More Airbus A380s

February 3, 2009

Korean Air said on Tuesday it would buy two additional A380 superjumbo jets from Airbus, bringing its total A380 order to ten.
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Korean Air Q4 Loss Wider Than Forecast

February 3, 2009

Korean Air Lines reported a worse-than-expected quarterly loss on the weak won but expected it would swing to an annual operating profit in 2009.
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South Korean Airlines To Abolish Fuel Surcharges

February 2, 2009

South Korean carriers said on Monday they would abolish fuel surcharges on international flights from March 1 to April 30, in line with a drop in crude oil prices.
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