Korean Air Lines

OverviewSuggest Edit

Korean Air Lines is a company operating in the business of domestic and international airline services. It offers passenger and cargo transportation. The company is engaged in the development, production, maintenance, and performance improvement of aircraft and aircraft parts. Korean Air Lines specializes in manned and unmanned aerial vehicle systems. It also offers hotel, accommodation, hotel management, ground transportation, airport support, online sales, and telecommunication services, as well as develops and supplies software.
TypePublic
Founded1969
HQSeoul, KR
Websitekoreanair.com

Latest Updates

Employees (est.) (Jun 2021)18,270(-1%)
Revenue (FY, 2021)₩9 T(+19%)
Share Price (Jun 2022)₩26.7 K
Cybersecurity ratingBMore
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Key People/Management at Korean Air Lines

Cho Won-Tae

Cho Won-Tae

Chairman & CEO, Executive Director
Woo Kee-Hong

Woo Kee-Hong

President, Executive Director
Lee Soo-Keun

Lee Soo-Keun

Executive Vice President of Operation, Executive Director
Jeong Kap-Young

Jeong Kap-Young

Independent Director
Rim Che-Min

Rim Che-Min

Independent Director
Kim Dong-Jae

Kim Dong-Jae

Independent Director
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Korean Air Lines Office Locations

Korean Air Lines has an office in Seoul
Seoul, KR (HQ)
260 Haneul-gil, Gonghang-dong, Gangseo-gu
Show all (1)

Korean Air Lines Financials and Metrics

Korean Air Lines Revenue

Korean Air Lines's revenue was reported to be ₩9.02 t in FY, 2021
KRW

Revenue (FY, 2021)

9.0t

Gross profit (FY, 2021)

5.5t

Net income (FY, 2021)

578.8b

EBITDA (FY, 2021)

3.2t

EBIT (FY, 2021)

1.2t

Market capitalization (16-Jun-2022)

9.4t

Closing stock price (16-Jun-2022)

26.7k

Cash (31-Dec-2021)

1.2t

EV

20.7t
Korean Air Lines's current market capitalization is ₩9.4 t.
Annual
KRWFY, 2018FY, 2019FY, 2020FY, 2021

Revenue

13.0t12.7t7.6t9.0t

Cost of goods sold

(7.3t)(6.9t)(3.2t)(3.6t)

Gross profit

5.9t5.9t4.4t5.5t
Quarterly
KRWQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021Q3, 2021

Revenue

3.1t3.1t3.4t2.4t1.7t1.5t1.8t2.0t2.3t

Cost of goods sold

(1.7t)(1.7t)(1.9t)(1.3t)(559.8b)(628.5b)(1.1t)(432.5b)(809.2b)

Gross profit

1.5t1.5t1.6t1.2t1.2t962.1b693.6b1.6t1.5t
Annual
KRWFY, 2018FY, 2019FY, 2020FY, 2021

Cash

1.5t816.3b1.3t1.2t

Accounts Receivable

705.8b701.6b675.1b959.9b

Prepaid Expenses

155.5b135.8b84.4b99.9b

Inventories

1.0t712.9b551.2b597.1b
Quarterly
KRWQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021Q3, 2021

Cash

1.5t1.1t1.0t826.2b1.3t916.8b1.6t1.1t1.2t

Accounts Receivable

742.3b668.9b738.1b517.9b651.0b622.0b671.1b708.9b793.5b

Prepaid Expenses

153.9b129.9b133.2b114.2b85.0b96.2b92.5b85.4b94.0b

Inventories

969.7b1.0t1.0t673.7b623.5b580.6b565.4b567.4b577.9b
Annual
KRWFY, 2018FY, 2019FY, 2020FY, 2021

Net Income

(185.7b)(622.8b)(230.0b)578.8b

Depreciation and Amortization

1.7t2.1t2.0t1.7t

Inventories

(190.9b)(236.7b)78.7b(37.7b)

Accounts Payable

4.2b(19.0b)(110.9b)52.2b
Quarterly
KRWQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021Q3, 2021

Net Income

(61.8b)(458.1b)(709.5b)(736.9b)(619.5b)(651.8b)(56.1b)60.7b167.0b

Depreciation and Amortization

518.7b1.0t1.6t534.7b1.0t1.5t434.4b856.3b1.3t

Inventories

62.7b(6.3b)13.2b(51.1b)42.4b45.1b(14.5b)(9.1b)(18.3b)

Accounts Payable

(5.7b)36.2b29.6b(103.4b)(116.8b)(137.0b)15.2b10.7b53.4b
KRWFY, 2018

Revenue/Employee

693.7m
Show all financial metrics

Korean Air Lines Acquisitions / Subsidiaries

Company NameDateDeal Size
Air Korea Co., Ltd.
Air Total Service Co., Ltd.
Cyber Sky Co., Ltd.
Hanjin Central Asia LLC
Hanjin Information Systems & Telecommunication Co., Ltd.
Hanjin International Corp.
Incheon Aviation Tech Co., Ltd.
Korea Airport Service Co., Ltd.
Korea Global Logistics System Co., Ltd.
TAS
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Korean Air Lines Revenue Breakdown

Embed Graph

Korean Air Lines revenue breakdown by business segment: 97.9% from AIRLINE and 2.1% from Other

Korean Air Lines Cybersecurity Score

Cybersecurity ratingPremium dataset

B

81/100

SecurityScorecard logo

Korean Air Lines Environment, Social & Governance (ESG) Ratings

CSRHub ESG ratingPremium dataset

40-49

out of 100

CSRHub logo

Korean Air Lines Online and Social Media Presence

Embed Graph

Korean Air Lines News and Updates

Korean Air to phase out superjumbo jets within decade

Korean Air Lines Co., South Korea's largest carrier, will retire its four-engine passenger aircraft within the next 10 years to shift its business model to smaller jets for long-haul flights, company officials said Friday.

Korean Air’s financial results for Q2 2021

Korean Air recorded an operating profit for a fifth consecutive quarter thanks to its continuous efforts to boost cargo operations and reduce costs, despite the drop in passenger demand caused by the COVID-19 pandemic. Compared to the second quarter in 2020, revenue increased by 16% to KRW 1.9508 tr…

Korean Air to pioneer UAM with Incheon International Airport Corporation and Korea Aerospace Research Institute

Korean Air signed an Urban Air Mobility (UAM) R&D cooperation agreement with the Incheon International Airport Corporation (IIAC) and the Korea Aerospace Research Institute (KARI) on August 5 to establish a safe and efficient UAM transportation management system.

Korean Air operates 10,000 cargo-only passenger flights

Korean Air has operated 10,000 cargo-only passenger flights as of August 1. The airline launched its first cargo-only passenger flight on the Incheon-Ho Chi Minh route in March 2020, and has operated these flights on 65 routes to North America, Europe, Southeast Asia, China and Japan, transporting 4…

Korean Air Lines Frequently Asked Questions

  • When was Korean Air Lines founded?

    Korean Air Lines was founded in 1969.

  • Who are Korean Air Lines key executives?

    Korean Air Lines's key executives are Cho Won-Tae, Woo Kee-Hong and Lee Soo-Keun.

  • How many employees does Korean Air Lines have?

    Korean Air Lines has 18,270 employees.

  • What is Korean Air Lines revenue?

    Latest Korean Air Lines annual revenue is ₩9 t.

  • What is Korean Air Lines revenue per employee?

    Latest Korean Air Lines revenue per employee is ₩493.5 m.

  • Who are Korean Air Lines competitors?

    Competitors of Korean Air Lines include Cathay Pacific Airways, Singapore Airlines and China Eastern Airlines.

  • Where is Korean Air Lines headquarters?

    Korean Air Lines headquarters is located at 260 Haneul-gil, Gonghang-dong, Gangseo-gu, Seoul.

  • Where are Korean Air Lines offices?

    Korean Air Lines has an office in Seoul.

  • How many offices does Korean Air Lines have?

    Korean Air Lines has 1 office.