korean air posts net loss of 581bn won in q4
Last Updated : GMT 06:49:16
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Last Updated : GMT 06:49:16
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Korean Air posts net loss of 58.1bn won in Q4

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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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