Korean Air’s financial results for Q1 2021 (Non-consolidated)

Korean Air recorded a fourth consecutive quarter of operating profit of $110 million thanks to its continuous efforts to boost cargo operations and reduce costs.

Sales fell 24% year-on-year to $1.544 billion due to passenger demand drop caused by the Covid-19 pandemic.  

Compared to 2020 Q1, cargo sales more than doubled to KRW 1.353 trillion.