Korean Air reports a net profit of $285 million in Q3 2022

Korean Air’s net profit almost tripled from over last year as travel demand recovered with the ease of pandemic restrictions. The airline reported a net profit of $285 million for Q3 of 2022.  The airline posted revenue of $2.5567bn and an operating profit of $584.9 million The airline reported an increase of 67% in passenger traffic as compared to Q3 of 2021 with the resumption of flights on major routes to Europe and Southeast Asia. Adding recovering passenger demand helped offset the impact of a weak won, the airline said in a statement. The airline posted a 338% rise in