Although sales decreased 3.5% compared to the same period last year, operating profits were able to return to the black. Sales for the passenger business division in the second quarter were 1.1176 trillion won (approximately 119.5 billion yen),
~Positive factors such as the special demand during the June holidays, increased flights to US routes such as New York and Hawaii, new routes to Prague in Europe, and China's implementation of visa-free entry were at work.
On the other hand, sales in the cargo business fell 13.6% year-on-year to 3,712 million yen due to a contraction in demand caused by the tariffs imposed by the US government.
The improvement in operating profit was due to the expansion of highly profitable routes, such as routes to the US and Japan, the increase in flexible supply to meet demand during long weekends, and the improvement in aircraft operating hours.
The company's efficiency improvements paid off. Thanks to improved business performance and a stable exchange rate, the company posted a second consecutive profit in the second quarter, reaching 233.2 billion won (US$249 million).
The debt ratio fell from 1,238% at the end of last year to 827% at the end of the second quarter due to factors such as a return to profitability and a falling exchange rate.
In the third quarter, Asiana Airlines will increase capacity on popular summer routes such as New York and Sapporo, and daytime flights to Bangkok, Thailand.
Increasing customer benefits through the resumption of flights to and from Phuket. With the passenger season approaching, the airline plans to actively expand operations on profitable routes, including irregular flights to Yamaguchi Ube in Japan and Ulaanbaatar in Mongolia.
An Asiana Airlines official continued, "We will actively utilize the belly cargo supply of passenger aircraft cargo space to meet logistics demands that require punctuality and urgency, such as semiconductor parts, fresh food, and small express cargo."
We plan to proactively address this issue."
2025/08/13 19:20 KST
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