JEJU air reports USD13.7m operating profit in 1H2016, decline due to cost of returning aircraft

JEJU air reported (17-Aug-2016) an operating profit of KRW16.2 billion (USD13.7 million) and a net profit of KRW16.6 billion (USD14.0 million) in 1H2016. Revenue increased 16.9% year-on-year to KRW335.3 billion (USD283.6 million). Operating profit was a 47% decline due to the cost associated with the return of aircraft. [more - original PR - Korean]