Freighters to the rescue: Korean Air posts Q2 profit

A pale blue Korean Air 747 cargo jet soars into a bright blue sky. Korean Air's cargo division helped the airline survive the coronavirus downturn.

Korean Air leveraged its cargo operation to turn a profit in the second quarter when nearly every other passenger airline has reported enormous losses after COVID-19 travel restrictions brought most flight operations to a standstill. 

The South Korean carrier has one advantage that many pure passenger airlines lack – freighters. The company said it increased the operation rate of its freighter fleet and maximized cargo supply on passenger airplanes to generate an operating profit of $123.7...

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