Seoul, January 16, 2026. 

• In the fourth quarter of 2025, Korean Air recorded revenue of KRW 4.5516 trillion (USD 3.1721 billion), an increase of KRW 522 billion year-on-year. However, operating profit decreased year-on-year to KRW 413.1 billion (USD 287.9 million) due to increased operating costs.

• Passenger business revenue totaled KRW 2.5917 trillion, an increase of KRW 217.1 billion year-on-year. While demand on North American routes remained flat due to stricter entry regulations and intensified competition on West Coast routes, the overall network saw an increase in revenue and profitability. This growth was driven by an increase in demand on short-haul routes, particularly to Japan and China, during the Chuseok holidays in October.

• Cargo business revenue increased by KRW 35.1 billion year-on-year to KRW 1.2331 trillion. Earnings remained stable, supported by steady e-commerce inflows, year-end seasonal volume, and reduced market volatility following US-China tariff negotiations.

• For the first quarter of 2026, Korean Air plans to maximize passenger revenue by boosting sales in overseas markets to offset the weak Korean Won and declining outbound demand from Korea. The airline will also flexibly expand its capacity to capitalize on peak seasons such as the Lunar New Year holidays in February. In the cargo business, in light of uncertainties such as the slowdown in global economic growth, the airline plans to maximize its profitability through portfolio diversification and flexible deployment of its cargo capacity according to market conditions.

• For 2026, Korean Air anticipates intensified competition due to the recovery of global passenger capacity, as well as increased volatility in global politics. The airline is committed to responding agilely to these external variables while ensuring the highest level of service as it prepares for the introduction of the integrated airline.

Q4 and Full Year 2025 Results (Non-Consolidated)

Unit: KRW billion (USD million)
KRW/USD Exchange Rate: 1,434.9

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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 on 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 awards, including a 5-star rating from Skytrax and the title of "Airline of the Year" 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. 

For more information on Korean Air, please visit koreanair.com, facebook.com/KoreanAir, Google.com/+KoreanAir_KE, and X @KoreanAir_KE.

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