Korean Air released their financial results for Q3, 2025, showing a slight drop across different areas due to external market circumstances, followed with a positive outlook with their Q4 performance forecast.
Slight Decrease in Revenue due to External Circumstances
In the financial results published today, Korean Air shared 3 key figures that gives an overview to the airline’s performance:
The overall revenue accumulated to 4,008.5 billion KRW ( ~£2.13 billion), with a 6% decrease compared to 2024. There is also a 39% and 67% drop for passenger business and air cargo respectively.
Korean Air accounts this change in revenue to external circumstances, including an increasingly competitive fare environment across the market, as well as a shifted holiday period for Chuseok this year.
Chuseok (추석) is a traditional Korean festival celebrating abundance and gratitude, which is also a key period of domestic and international travel in the country.
Korean Air: Positive Q4 Performance Forecast
The airline forecasts that the last quarter of the year will see an increase in revenue, with the Chuseok holiday in October and the year end travel peak seasons.
However, they are mixed towards the outlook for air cargo with ongoing trade tensions, but mentioned a focus on high-value cargo and e-commerce support.
As a regional and global leading airline, Korean Air is hopeful to bringing a strong end to the year with their Q4 performance forecast.
What do you think about Korean Air’s performance this quarter? Share your thoughts in the comments below.
