Korean Airlines Q2 Operating Profit Declines

Korean Airlines (003490.KS) reported a second quarter net loss of 97.3 billion Korean won compared to net income of 395.9 billion won, last year. Operating income was 261.8 billion won, down 34.4%. Second quarter revenue was 5.02 trillion won, an increase of 25.9% from a year ago. Passenger traffic was 2.85 trillion won, up 18.8%. Cargo traffic rose 46.1% year-over-year.