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Korean Air: a 2001 to be forgotten

Seoul, South Korea - Net Losses for USDm 446

At the end of 2001 Korean Air registered net losses for USDm 446, 27% more than 2000. According to Shim Yi-Taek, Korean Air Ceo "the airline has been hardly shocked by both the world economical downturn and the September 11th events. Anyway we foresees net profits by the end of 2002". Shim Yi-taek expect World Cup and Asian Games, which are both going to be held in South Korea in 2002, will allow the...

AVIONEWS - World Aeronautical Press Agency - 25167

AVIONEWS - World Aeronautical Press Agency
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