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Airline Industry & Market Trends   Asia-Pacific (APAC)   Airlines  
FlightGlobal • Alfred Chua

Korean Air Q3 operating profit rises 12% despite 67% higher fuel costs

Korean Air reported third-quarter operating profit of 421.2 billion won ($310.1 million), up 11.9% year on year, after a margin-focused approach to capacity management. Net income climbed to 929.7 billion won ($684.4 million) from 91.9 billion won a year earlier, despite a 67% rise in fuel costs.

Also: Airline Economics
2026-10-15T02:05:54.741326-07:00
Middle East   Airline Industry & Market Trends   Geopolitical Developments & Conflict Impact   Air India  
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Reuters

Air India forms team to drive cost savings, memo shows

By Reuters: Air India has set up a dedicated team to identify cost savings across ​operations and tightened spending approvals as the airline grapples with ‌airspace disruptions, the Middle East conflict and high jet fuel costs, CEO Tewolde Gebremariam told employees in an internal memo.

2026-10-15T00:30:20.666223-07:00