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Korean Air, Asiana Swing to Black in Q2 on Cargo Demand

Korean Air, Asiana Swing to Black in Q2 on Cargo Demand

SEOUL, Aug. 7 (Korea Bizwire) — South Korea’s two full-service carriers delivered earnings surprises, bucking market forecasts of an extended slump amid the pandemic as they focused on carrying more cargo to offset lower passenger demand amid the new coronavirus outbreak. In the April-June quarter, Korean Air Lines Co. and Asiana Airlines Inc. turned around [...]