Korean Air's operating profit fell 45% year on year (YoY) in 2023 to $1.23bn from $2.88bn in 2022. Net income fell from $1.38bn in 2022 to $711 million in 2023. However, revenue did rise 8.7% YoY from $10.4bn in 2022 to $11.3bn in 2023. The airline noted that with the recovery of the air cargo indu...
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