Korean Air posts net loss of 58.1bn won in Q4
Seoul - Yonhap
Korean Air Lines Co., South Korea's top air carrier, said Tuesday it posted a net loss in the fourth quarter after a financial settlement on a class action suit for alleged price rigging on flights to North America. The carrier's net loss hit 58.1 billion won (US$53.8 million) in the October-December period from a positive bottom line of $140.2 billion won the year before, the company said in a regulatory filing.
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