Korean Air Cuts Executive Pay, Targets Additional Revenue

Korean
Korean Air is exploring moving passenger jets to its cargo fleet.
Credit: Joe Pries
Korean Air is introducing new measures to reduce its costs and boost revenue to offset the sharp drop in demand caused by the COVID-19 pandemic. The South Korean airline has announced significant salary cuts for senior management from April. Those with the rank of EVP and above will take a 50% cut...
Adrian Schofield

Adrian is a senior air transport editor for Aviation Week, based in New Zealand. He covers commercial aviation in the Asia-Pacific region.

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