Asiana Returns to Profit

  • By Lee Hai-woon

    February 12, 2015 11:58

    Asiana Airlines posted a surplus last year on the back of falling oil prices, racking up W5.8 trillion in sales and W98.1 billion in operating profit (US$1=W1,100).

    "Asiana performed better thanks to an increase in the number of Japanese tourists and rising demand for air freight as a result of economic recovery in the U.S.," an Asiana executive said Wednesday.

    The carrier has now decided to buy 25 energy-saving medium-sized Airbus A321-200 NEO aircraft from 2019 to 2025.

    The plane uses about 20 percent less fuel than other models and has more seats than others of the same size. It costs US$115 million. They will be put on short- and medium-haul routes like China, Japan and Southeast Asia.

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