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Airplanes and finance. Korean Air: record profit in 2016 3Q

Seoul, South Korea - Dispelled recent worries about its financial instability

Korean Air today announced that the company posted its biggest quarterly profit in history, dispelling recent worries about its financial instability (non-consolidated). In the 3rd quarter of 2016, the airline recorded sales revenue of 3.06 trillion won, an operating profit of 447.6 billion won and a net profit of 428 billion won. The 447.6 billion won operating profit was the biggest ever quarterly...

fra/pec - 1178365

AVIONEWS - World Aeronautical Press Agency
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