Korean Air
Korean Air

A Gathering Storm: Korean Air is posting decent profits right now. But market conditions are worsening

Korean Air

A Gathering Storm: Korean Air is posting decent profits right now. But market conditions are worsening

January 2016
1 min read
Seth Kaplan

Issue Overview

At first glance, things seem to be going rather well. In the peak third quarter, Korean Air’s operating margin reached nearly 10%, its best showing since 2010. The country’s air traffic is growing at a double-digit pace. The MERS virus scare seems to have faded. And oil prices keep falling and falling.