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1. 2019 Worst Year for Air Cargo Since End of Global Financial Crisis in 2009
Worst Year for Air Cargo Since End of Global Financial Crisis in 2009 IATA's full-year 2019 data for global air freight markets shows that demand, measured in freight tonne kilometers (FTKs), fell by 3.3% when compared to 2018, while capacity (AFTK) rose by 2.1%. This was the first year of declining freight volumes since 2012, and the weakest performance since the global financial
2. Korean Air Reports Q3 Profit
Korean Air Reports Q3 Profit. Korean Air has reported an operating profit of 100.1 billion KRW for the third quarter of 2009 compared to loss of 25.1 billion KRW a year earlier, on a 14.7% drop in operating expense thanks to lower fuel prices and a stronger Korean Won, as well as better performance in its international passenger business.
3. Korean Air's Passenger Traffic in November 2005 Grows by 7.9% yoy
Korean Air's Passenger Traffic in November 2005 Grows by 7.9% yoy.
4. Air Cargo Demand Down 3.3% in January 2020
IATA's global air freight data shows that demand, when measured in cargo tonne kilometers (CTKs), decreased by 3.3% in January 2020, compared to the same period in 2019. Cargo capacity, measured in available cargo tonne kilometers (ACTKs), rose by 0.9% year-on-year in January 2020. Capacity growth has now outstripped demand growth for 21 consecutive months.
5. Korean Air Reports Q1 2011 Results
Korean Air has reported an operating revenue of 2,719 billion KRW for Q1 2011, a year-on-year increase of 6.3%, and an operating profit of 145 billion KRW. Income before tax recorded a year-on-year increase of 16.3%, reaching 258 billion KRW during the reporting period. Net income amounted to 190 billion KRW, up 13.9% thanks to foreign currency translation gains.
6. Korean Air Records its Highest Ever Q1 Operating Profit
Korean Air Records its Highest Ever Q1 Operating Profit. Korean Air recorded its highest ever operating profit numbers for the first quarter of 2010 ended March 31, 2010. Thanks to the surging growth in international passenger business and Korea-outbound traffic, as well as the rising demand for premium class services in the first quarter of 2010, the airline posted an operating re
7. Cathay Pacific to Operate 3% of Normal Capacity in April and May 2020
Travel Industry News RSS Feed - Updated Daily by TravelNewsAsia.com TravelNewsAsia.com Fri, 17 April 2020 Media Services Videos and Interviews...
8. Korean Air Records Strong Q4 and Full-Year Performance in 2010
Korean Air Records Strong Q4 and Full-Year Performance in 2010. Korean Air has posted an operating revenue of 2,897.6 billion KRW for the fourth quarter of 2010, up 12.4% compared to the same period last year. The growth is due to the increase international passenger business and in particular increased passenger volume on short-haul international routes. Operating profit reached 1

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