Overview
- Korean Air reported record second‑quarter revenue of about 5.02 trillion won, a 26% year‑on‑year increase driven by stronger passenger travel and cargo demand.
- Operating profit for the quarter fell 34% to 261.8 billion won and net income swung to a loss as higher jet fuel costs weighed on margins.
- For the first half the carrier still posted revenue of 9.54 trillion won and a modest 4% rise in operating profit to 778.7 billion won, which offset the Q2 setback.
- Passenger revenue rose sharply on inbound tourism and transit traffic while cargo revenue climbed to roughly 1.54 trillion won thanks to strong shipments of semiconductors and K‑beauty products.
- Korean Air said it expects passenger demand to rebound in Q3, will lower fuel surcharges, and will shift capacity toward high‑growth cargo sectors—notably AI‑related shipments—to stabilize margins and support travel costs and supply chains.