Cargo flights boost Korean Air results, but are ‘a rare bright spot’ for Lufthansa

August 6, 2020 Alex Lennane

Korean Air has bucked the global trend and made a profit in the second quarter, off the back of a 95% increase in cargo sales.
The carrier’s April to June operating profit was KRW148.5bn ($125m), with net profit of KRW162.4bn, against a net loss a year earlier of KRW380.7bn
Cargo revenues reached KRW1.23trn, and the carrier said: “Increased cargo deliveries helped offset a sharp decline in passenger travel demand.”
The airline plans to ...

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