Arab Today, arab today korean air posts net loss of 581bn won in q4
Last Updated : GMT 12:41:09
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Arab Today, arab today

Korean Air posts net loss of 58.1bn won in Q4

Arab Today, arab today

Arab Today, arab today Korean Air posts net loss of 58.1bn won in Q4

Seoul - Yonhap

Korean Air Lines Co., South Korea's top air carrier, said Tuesday it posted a net loss in the fourth quarter after a financial settlement on a class action suit for alleged price rigging on flights to North America. The carrier's net loss hit 58.1 billion won (US$53.8 million) in the October-December period from a positive bottom line of $140.2 billion won the year before, the company said in a regulatory filing.

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