Korean Airlines seems to be moving back to profitability as its cargo business does well and helps balance the loss of passenger traffic, JoongAng Daily’s Jin Min-ji reports. Amidst increasing freight rates and relatively lower fuel and labour costs, Korean Air Lines expects to report a net profit of KRW 149 billion (US$124 million) in the second quarter, according to Hanwha Investment & Securities. This would be a turnaround from the KRW 736.86 billion (US$616 million) net … [Read more...] about Cargo uptick to lift Q2 earnings for South Korea’s airlines
cargo sales
Finnair Cargo appoints new VP global sales
European carrier Finnair Cargo has appointed Pasi Nopanen as vice president, global sales effective from 8 April 2015. He has broad experience in logistics and managing international sales teams. He transfers to this new position from his role as sales director, North America & Scandinavia to head Finnair’s cargo sales. Nopanen will continue to oversee North American Sales, while Anja Pöyhönen's area as sales director Europe will also cover Scandinavia. Nopanen's … [Read more...] about Finnair Cargo appoints new VP global sales
