Jeju Air Shifts to Profit in Q4 on Eased Travel Restrictions
SEOUL, Feb. 8 (Korea Bizwire) — Jeju Air Co., South Korea’s biggest low-cost carrier, said Tuesday it shifted to a net profit in the fourth quarter as eased COVID-19 restrictions unleashed pent-up travel demand. The budget carrier swung to a net profit of 17.4 billion won (US$14 million) for the three months ended Dec. 31 [...]