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Asiana Airlines slumps to first loss in three years

1-Aug-2008

Asiana Airlines, South Korea's second-largest air carrier, reported (31-Jul-08) it swung to a net loss of USD19 million in the second quarter (three months ended 30-Jun-08) due to higher fuel costs. The carrier also slipped into the red at the operating level. [296 words]

Unlock the following content in this report:

Subheadings:

  • Asiana orders 30 Airbus A350 aircraft

Graphs and data:

  • Asiana Airlines operating profit margin and net profit margin: 1Q07 to 2Q08
  • Asiana Airlines operating profit margin vs revenue: 1Q07 to 2Q08
  • Korean Air and Asiana Airlines share price index: Index 17-Apr-08 = 1
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