Seoul, April 14, 2026. 

• Korean Air reported record first-quarter revenue of KRW 4.5151 trillion for 2026, an increase of KRW 559.2 billion compared to the same period last year. Operating profit rose to KRW 516.9 billion, an increase of KRW 166 billion year-on-year.
• Passenger business revenue totaled KRW 2.6131 trillion. This is an increase of KRW 177.6 billion year-on-year, driven by strong demand during the Chinese New Year and robust performance on European and transit routes.

• Cargo business revenue reached KRW 1.0906 trillion, an increase of KRW 36.6 billion year-on-year. Growth was supported by expanded fixed volume contracts and flexible charter flights on high-demand routes in North and South America.
• In response to ongoing geopolitical volatility affecting fuel prices and exchange rates, Korean Air plans to secure its margins by shifting its focus to international and transit demand, thereby offsetting the decline in domestic outbound travel. The cargo sector will concentrate on seasonal volumes and high-growth sectors, including AI-related industries and K-Beauty.
• Korean Air also introduced company-wide internal cost-cutting measures in April, aiming to strengthen its financial structure and build a more resilient foundation for long-term growth.

Q1 2026 Results (Non-Consolidated)

Unit: KRW billion (USD million)
KRW/USD Exchange Rate: 1,513.4

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About Korean Air
For over 55 years, Korean Air has been one of the world's top 20 airlines, carrying more than 23 million passengers in 2024. From its global hub at Seoul Incheon International Airport (ICN), the airline serves 116 cities in 39 countries across five continents with a modern fleet of 161 aircraft and over 20,000 professional employees.

Korean Air's outstanding performance and commitment to the highest standards of safety and customer service are widely recognized. The airline has received numerous accolades, including a 5-star rating from Skytrax and the "Airline of the Year" title from both Air Transport World and Airline Ratings.

Korean Air is a founding member of the SkyTeam alliance and has grown into one of the largest trans-Pacific airlines through its joint venture with Delta Air Lines. 

Further information about Korean Air can be found at koreanair.com, facebook.com/KoreanAir, Google.com/+KoreanAir_KE and X @KoreanAir_KE.

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