Korean Air to enter 'emergency management mode' over fuel costs
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SEOUL: Korean Air will enter emergency management mode this April as soaring oil prices driven by the Middle East war heavily impact operating costs. According to the airlines, persistent high fuel prices are expected to cause significant disruptions to its annual business targets.
To mitigate these surging expenses, the carrier is implementing phased response measures tied to specific oil price levels. These strategies include a company-wide push for increased cost efficiency and a shift to emergency operating protocols to protect the airline's financial stability.
Photo Credits: AFP
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