Korean Air Posts Record Quarter Despite High Oil Prices | October 16 2026 | Industry Daily - 동영상 Dailymotion

Seoul Economic Daily

Episode Description: Strong passenger traffic and chip-driven cargo demand carried Korean Air to record quarterly revenue ahead of its merger with Asiana. Korean Air reported preliminary third-quarter revenue of 5.0448 trillion won (about $3.75 billion) on a separate basis, up 26% from 4.0085 trillion won (about $2.98 billion) a year earlier, and operating profit of 421.2 billion won (about $313 million), up 12%. It marks a second straight quarter above 5 trillion won (about $3.72 billion) and the airline’s last results before its December merger with Asiana Airlines. Passenger revenue rose to 2.9174 trillion won (about $2.17 billion), while cargo revenue climbed to 1.4323 trillion won (about $1.07 billion) as September semiconductor exports topped $60 billion for the first time and air cargo yields rose 27.5%. We also cover HD Hyundai, whose AI power engine orders have topped 1.5 trillion won (about $1.1 billion) as it expands into data center power and nuclear energy.  Sources:  Korean Air Breaks Through High Oil Prices With 5 Trillion Won (About $3.72 Billion) in Revenue for Two Straight Quarters — Seoul Economic Daily, October 16, 2026 Beyond Shipbuilding to AI Data Centers and Nuclear Power: HD Hyundai Widens Its Growth Base — Seoul Economic Daily, October 16, 2026  About AI PRISM: AI PRISM is Seoul Economic Daily’s WAN-IFRA award-winning newsroom AI series, delivering Korean economic news adapted for global audiences. Episodes are produced with AI assistance and reviewed by a human editor.  Tags: #KoreanAir #Asiana #AirCargo #Semiconductors #HDHyundai #Aviation #KOSPI #AIPRISM #SeoulEconomicDaily #WANIFRA

Transcript

00:03Korean Air just posted its biggest revenue quarter ever.

00:07High oil prices didn't stop it.

00:09And semiconductors helped fill its cargo holds.

00:12It's Friday, October 16th.

00:15Let's take a look at a key development in Korea's industry sector.

00:18The Middle East war has kept jet fuel costs elevated.

00:22These are Korean Air's last results before the December merger with Asiana.

00:26Both passenger and cargo businesses grew.

00:30Here's what the numbers show.

00:315.04 trillion won, about $3.75 billion, was third quarter revenue, up 26%.

00:40Operating profit rose 12% to 421.2 billion won, about $313 million.

00:48Chip exports passed $60 billion in September for the first time, feeding cargo demand.

00:54Air cargo yields rose 27.5% from a year earlier.

00:59Separately, HD Hyundai's AI power engine orders have topped 1.5 trillion won, about $1.1 billion.

01:07So what does this mean for supply chain managers?

01:10Earlier, we said semiconductors helped fill its cargo holds.

01:14Here's what that actually means for you.

01:16Expect Korean Air to flex cargo capacity toward AI and chip shipments into the year-end peak.

01:22Watch the Asiana merger in December.

01:24Watch fuel costs as the war drags on.

01:27And watch fourth quarter cargo yields.

01:30That's today's AI Prism, Industry Daily.

01:33This episode was produced with AI assistance based on Seoul Economic Daily reporting,

01:38and reviewed by a human editor.

01:40AI Prism is a Juan Ifra award-winning series.

01:44We'll be back tomorrow.

01:45Day 2 Pro

01:45You

Korean Air Posts Record Quarter Despite High Oil Prices | October 16 2026 | Industry Daily

카테고리

트랜스크립트

추천