Asiana Airlines Inc.'s second-quarter net profit jumped 22 percent to 60.8 billion won from 50 billion won a year earlier on strong cargo demand for electronics products, medical equipment, cherries, and eggs amid an extended COVID-19 pandemic.
Increased domestic travel demand also helped boost South Korea's second-largest carrier's net profit.
The airline’s operating profit climbed 27 percent from 91.8 billion in the second quarter of last year to 116.98 billion won. Sales jumped 13 percent from 868.94 billion won to 985 billion won during the same period.
However, net losses in the first half worsened to 633.26 billion won from 286.04 billion won last year.
Operating losses also expanded from 31.36 billion won in the second quarter of last year to 255.39 billion won this year
Sales soared 18 percent from 1.828 trillion won to 2.148 trillion won during the said period.


Ex-Google DeepMind Researcher Warns AI Could Pose Existential Threat
Hormuz Vessel Traffic Drops to Single Digits
Samsung Heavy Wins $1.22 Billion LNG Carrier and Tanker Deal
Gold Prices Fall as Hot U.S. Inflation Boosts Fed Rate Hike Bets
Ares Names James Garforth Principal for Asia Direct Lending
Boeing, SPEEA Reach Tentative Four-Year Labor Deal
Japanese Yen Retreats as Dollar Rises Ahead of Fed, BOJ Rate Decisions
UK Businesses Urge Government to Cut Electricity Levies
BOJ Flags Import Costs and Yen Shocks as Persistent Inflation Risks
Asian Stocks Fall as AI Fears and Oil Surge Hit Markets
China’s Global Times Slams Anthropic CEO’s AI Slowdown Plan as ‘Cold War’ Strategy
Qualcomm Gains on $60B Amazon AI Chip Deal
OpenAI Rules Out 2026 IPO as Altman Prioritizes AI Safety
Oil Prices Surge as Houthi Attacks Deepen Hormuz Supply Fears
China Home Prices Fall Again as Property Slump Drags on Growth
Cathie Wood Backs AI Slowdown as Safety Concerns Grow
BOJ Set to Raise Rates to 1.25% as Inflation Risks Build 



