Cargo leads Korean Air net

Cargo leads Korean Air net

Cargo revenue at Korean Air Lines totaled $401 million in the third quarter, a 7 percent increase over $375 million from the year-ago period.

Total revenue declined 0.3 percent to $1.43 billion, largely due to a 5.7 percent drop in international passenger revenue, reflecting the lingering impact on travel due to the SARS crisis last spring.

Net profit more than quadrupled to $193.8 million, compared with $46.9 million.

Cargo accounted for 28 percent of total revenue.