Hanjin KAL’s operating profit in the period will soar 327.1 percent on-year to 20.1 billion won despite the loss from its hotel unit, as the low-cost carrier will come out of red and post 12.6 billion won operating profit, said analyst Shin Min-seok.
Jin Air has suspended operating Incheon-Hawaii routes, passenger occupancy rate of which barely surpassed 40 percent last year, and instead utilized the large aircrafts to service Southeast Asia and Japan, pushing the occupancy rate significantly, said the analyst.
Ticket price hike will continue in the third quarter as oil prices will decline while passenger demand will be stronger than expected, forecasted Shin
By Hwang You-mee (glamazon@heraldcorp.com)