- Korean Air reported a record first-quarter revenue of KRW 4.5151 trillion for Q1 2026, an increase of KRW 559.2 billion year-on-year. Operating profit rose to KRW 516.9 billion, up KRW 166 billion from the same period last year.
- Passenger business revenue totaled KRW 2.6131 trillion, up KRW 177.6 billion year-on-year, driven by robust Lunar New Year demand and strong 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 bolstered by expanded fixed-volume contracts and flexible charter operations on high-demand routes in the Americas.
- In response to ongoing geopolitical volatility impacting fuel prices and exchange rates, Korean Air plans to protect margins by shifting its focus toward overseas and transit demand, offsetting a slowdown in domestic outbound travel. The cargo division will target seasonal volumes and high-growth sectors, including AI-related industries and K-beauty.
- Korean Air has also introduced company-wide internal cost reduction measures in April, and aims 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
| Q1 2026 | Q1 2025 | Remarks | |
| Revenue | 4,515.1 (2,983.4) | 3,955.9 (2,613.9) | +14% |
| Operating Profit | 516.9 (341.5) | 350.9 (231.9) | +47% |
| Net Income | 242.7 (160.4) | 193.2 (127.7) | +26% |