Airline

Jeju Air first quarter net profit falls 10.5%, weak Korean won drives up operating costs

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Jeju Air first quarter net profit falls 10.5%, weak Korean won drives up operating costs

South Korea's low-cost carrier, Jeju Air, has reported its net profit in the first quarter fell 10.5% year-on-year (YoY) to KRW 43.1bn ($31.7 million), with a weak currency, the Korean won, pushing operating costs up, according to Yonhap News Agency. A company spokesperson had reportedly said that ...

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