Korean Air shifting to emergency mode as fuel prices soar - News Summed Up

Korean Air shifting to emergency mode as fuel prices soar


Korean Air shifting to emergency mode as fuel prices soarPeople look at Korean Air aircraft at Incheon International Airport in Incheon, South Korea, on Tuesday. (Photo: Reuters)SEOUL - ⁠Korean Air ​will enter emergency management ​mode ‌from April as rising oil prices driven by the war in the Middle ​East ⁠weigh on costs, a source with knowledge ‌of the matter told Reuters on Tuesday. The airline said ⁠in an internal memo reviewed by Reuters that if high oil prices persist, it ​expects significant disruption to its annual business ​targets, and ‌will shift to an emergency operating system ​from ⁠April. The memo added that the ⁠airline plans to implement phased response measures based on oil price ⁠levels, and step ​up company-wide cost efficiency to offset surging fuel costs.


Source: Bangkok Post March 31, 2026 07:38 UTC



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