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Company Watch - Korean Air.


Jan 8, 2007

Korean Air This article or section is written like an .
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 launched services from Incheon to Kota Kinabalu Kota Kinabalu (kōt`ə kĭn'əbəl`), formerly Jesselton, town (1991 pop.  (four-times-weekly), Pattaya (thrice-weekly), Kathmandu (weekly), Phnom Penh Phnom Penh (nŏm pĕn, pənŏm`) or Phnum Penh (pənm`), city (1994 est. pop.  (four-times-weekly) and Siem Reap Siem Reap City is the capital of Siem Reap Province, Cambodia.  (four-times-weekly) while expanding services to Beijing and Shanghai in partnership with Shanghai Airlines. A five-times-weekly Busan-Beijing service was launched Dec. 15. Last month KE took delivery of the first of two converted A300-600Fs. Jan 3, 2007

Korean Air is expecting to post a KRW KRW

In currencies, this is the abbreviation for the Korean Won.

Notes:
The currency market, also known as the Foreign Exchange market, is the largest financial market in the world, with a daily average volume of over US $1 trillion.
240 billion ($255 million) pre-tax profit in 2007, 33.3% higher than the KRW180 billion expected for 2006, according to a regulatory filing cited by Reuters. The carrier also forecast a KRW640 billion operating profit Operating profit (or loss)

Revenue from a firm's regular activities less costs and expenses and before income deductions.


operating profit

See operating income.
, up 14.3% from the KRW560 billion expected for 2006. This year's sales are expected to climb 3.6% year-over-year to KRW8.6 trillion. Jan 3, 2007

Korean Air last week finalized its $5.6 billion order for 10 777-300ERs, five 747-8Fs, five 777Fs and five 737NGs, along with options for eight additional aircraft (four -300ERs, two -8Fs and two 737-900ERs). The purchase agreement was signed in November. Deliveries will begin in 2009. Jan 3, 2007

Korean Air will launch twice-weekly Incheon-Anchorage-Atlanta-Houston Bush-Anchorage-Incheon all-cargo service aboard a leased 747-400F from Jan. 25. Houston is a new city on KE Cargo's network. "Houston's dynamic business and logistics climate makes this an easy decision for us," KE VP-Cargo-Americas Derek Han said. Jan 4, 2007 Editor: Aram Gesar, eMail: edit@AirGuideOnline.com

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Jan 1, 2007
COPYRIGHT 2007 Pyramid Media Group, Inc
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2007, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Airguide Online
Date:Jan 8, 2007
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