Korean Air CEO concerned over rising interest rates, inflation and competition
DOHA, June 20 (Reuters) - Korean Air Lines Co Ltd's
003490.KS chief executive said on Monday that he is concerned
that rising interest rates and inflation could impact consumer
demand and that rising competition could lower ticket prices.
The high U.S. dollar is "painful" and makes debt costs
higher, he added.
(Reporting by Jamie Freed; Writing by Lina Najem; editing by
David Evans)
((Lina.Najem@thomsonreuters.com;))
Recent news on Jin Air
See all newsBrief: Jin Air Co Ltd To Merge With Air Busan, Air Seoul
Brief: Jin Air Co Ltd To Invest 707 Billion Won In Leasing 14 Planes
Brief: Korean Air Reviewing Plan To Consolidate Jin Air, Air Busan, And Air Seoul By Q1 Of 2027
Brief: Jin Air Co Q1 Preliminary Operating. Profit 57.6 Billion Won, Down 1.1% Y/Y
Brief: Jin Air Q2 Operating Loss 42.3 Billion Won