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South Korea’s largest LCC reveals US$285 million annual loss
February 16th 2021
Jeju Air, which operates one of the busiest city pairs in the world, Seoul-Jeju, has reported a 314 billion won (US$285 million) net loss for calendar 2020 compared with a 33 billion won net loss for the 12 months a year ago. Read More » The LCC’s full-year financial report, published yesterday, said revenue collapsed 73%, to 377 billion won, from 1.38 trillion won in 2019.
