
SEOUL -- Six leading South Korean airlines all swung to losses in the July-September quarter, as Seoul's frayed relations with Japan curtailed passenger traffic during a peak period.
Flag carrier Korean Air Lines announced Thursday a net loss of 211.8 billion won ($181 million), a reversal from the company's 267.8 billion won profit in the year-earlier quarter. Sales shrank 3.7% to 3.28 trillion won, precipitating the first loss in four years.