Korean Air entered 2025 with booming travel demand and solid revenue growth. The airline posted a 3% jump in first-quarter revenue, totaling KRW 3.9559 trillion. This boost came from both its passenger and cargo segments. High demand during the holidays and growing cargo orders fueled the performance.
Still, Korean Air struggled with shrinking profit margins. Operating profit dropped by 19%, falling to KRW 350.9 billion. Maintenance for new aircraft and currency changes drove costs up. The airline added modern jets to expand globally and improve service. However, these upgrades raised expenses faster than expected.
Passenger revenue increased by 4%, reaching KRW 2.4355 trillion. The Lunar New Year and March holidays caused a surge in bookings. Korean Air saw strong traffic on flights to China, Japan, and Southeast Asia. Market competition grew, but demand outpaced the pressure.
The cargo division also delivered solid results. Revenue jumped 6% year-over-year. Electronics, e-commerce, and car parts led the surge. Korean Air adjusted cargo capacity quickly to keep supply aligned with demand. This move kept its cargo flow stable despite policy shifts in the U.S.
The airline also closed a major deal last year. It acquired Asiana Airlines in December 2024, gaining a 63.88% stake. This move expanded its footprint and boosted network strength worldwide.
Korean Air now gearing up for the early May holiday rush. It aims to add routes and grow its charter services. In cargo, it stays alert to U.S. trade changes and adapts quickly to shifts.
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