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Asiana cuts Q1 net losses on robust cargo demand

The airline has since converted four passenger jets into cargo planes to service rising cargo demand for electronics, IT, protective equipment, and other items.

Asiana Airlines Inc.'s net losses narrowed to 230.4 billion won in the first quarter from 549 billion won a year earlier as increased cargo sales helped offset a slump in passenger travel.

The operating loss of South Korea's second-biggest airline narrowed to 11.2 billion won in the first three months of the year from 208.2 billion won in the same period last year.

Sales increased 30.6 percent on-year to 783.4 billion won.

Asiana suspended most of its international flights since March last year due to coronavirus-triggered cross-border travel restrictions.

The airline has since converted four passenger jets into cargo planes to service rising cargo demand for electronics, IT, protective equipment, and other items.

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