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Korean Air expects losses in 2000 on fuel costs

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Korean Air expects losses in 2000 on fuel costs

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Old Oct 19, 2000, 11:12 am
  #1  
doc
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Korean Air expects losses in 2000 on fuel costs
South Korea's flagship carrier Korean Air Lines said on Wednesday it was likely to post losses in fiscal 2000 due to high fuel costs.
http://biz.yahoo.com/rf/001018/seo45331.html
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Old Dec 24, 2000, 11:28 am
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Old Dec 26, 2000, 9:46 am
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I wonder if they factor in the airplane legal fees and settlements for the crashes over time or do they simply take a one time charge?

I used to fly Korean on occasion (first class) Internationally, but when their planes started falling out of the skies, I said no more.
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Old Jan 3, 2001, 5:37 pm
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Maybe they have to cut down on their international route.
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Old Jan 3, 2001, 5:38 pm
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ditto, Tranman,
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Old Jan 3, 2001, 5:40 pm
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Sad news. But this is rampant in the industry.
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Old Jan 7, 2001, 12:02 pm
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Agree.
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