imageSEOUL: South Korea's biggest airline, Korean Air, posted a third quarter net profit of 342 billion won ($324 million) on Thursday, down 1.0 percent from a year ago on a decline in passenger traffic.

The airline said operating profit fell 43 percent year-on-year to 160 billion won, while revenue was down 3.4 percent to 3.18 trillion won.

But the company benefitted from a foreign-exchange gain of 597 billion won, it added.

The carrier said outbound travel to Japan had declined sharply due to concerns about radiation.

Comments

Comments are closed.