Fuel charges and dollar rate push Korean Air into the red

1997-03-12T00:00:00

Korean Air (KAL) dived into the red in 1996 because of rising fuel charges and the impact of a strong US dollar on its debt burden. Despite the losses, the airline is pressing ahead with plans for a further fleet expansion.

Keep reading this article by becoming a FlightGlobal member now

PLEASE REGISTER FOR FREE OR SIGN IN TO CONTINUE READING

You have reached your limit of free articles for this period. Register for a FREE account to read this article and benefit from:

Increased access to online news and in-depth articles from:
FlightGlobal Premium covering the global aviation industry
Airline Business providing insight for business leaders
Weekly newsletters on topics across the industry

Join now