10-Aug-2009 11:51 AM

Jin Air increases revenue by 150% in 1H2009, reports small operating profit

Jin Air reportedly increased revenue by 150% in 1H2009, to KRW26.1 billion (USD21.4 million), with an operating profit of KRW1 billion (USD817,000) in Apr-2009 and May-2009  (heraldm.com/joongangdaily, 10-Aug-09). Jin Air plans to more than double revenue to KRW54 billion (USD44.2 million), as it launches services from Incheon to Macau and Bangkok in Oct-2009 and from Incheon to Osaka and Weihai in Dec-2009.