Air cargo helps Korean

1/26/2010 10:42:40 AM

South Korea's Korean Air has posted a profit in Q4 2009 on increased cargo revenue, lower fuel costs and a stronger South Korean currency.   It earned 122.29 billion won (US$107.2 million) for the period.   Cargo sales rose 22 per cent to 942 billion won from the same period the year before, Korean Air said.   International passenger traffic rose 11.3 per cent and jet fuel expenses dropped 22 per cent from the same period in 2008.   Aircargo Asia Pacific

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