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[EN] Asiana Airlines tem lucro operacional recorde graças à carga

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Asiana enjoys record Q1 operating profit amid cargo boom
By Greg Waldron18 May 2022

Asiana Airlines swung to a record operating profit in the first quarter of 2022 as revenues jumped sharply on the back of a strong cargo market.

Operating profits for the three months ended 31 March came in at a record W177 billion, compared with an operating loss of W11.2 billion a year earlier, according to the carrier.

Revenues jumped 46.4% to W1.14 trillion during the quarter. The airline also managed to swing to a net profit of W36.4 billion.

Cargo revenue jumped 45% from the first quarter of 2021, as the airline focused on increasing the utilization of its cargo fleet, including the continued use of passenger aircraft for air cargo work.

The Star Alliance carrier has also focused on longer-term cargo charters. This helped quarterly cargo sales on routes to the Americas jump 57%, to Southeast Asia jump 35%, and to Europe jump 23%.

One challenge during the quarter involved finding routings to Europe that avoided Russian airspace amid Moscow’s invasion of Ukraine.

Passenger revenue for the quarter doubled to W201 billion owing the gradual easing of travel restrictions both domestically and internationally.

“After the government lifted the self-quarantine for overseas inbound travellers, we plan to increase international flights to meet the increasing travel demand and resume flights to Rome, Paris, Barcelona and Istanbul,” says Asiana.

Asiana’s strong cargo performance reflects that of Korean Air, which has also benefited in the air cargo boom. Korean is in the process of acquiring Asiana.

Separately, Korean low-cost carrier Jin Air narrowed its first quarter operating loss to W46.4 billion from W60.1 billion a year earlier, with revenues climbing 54% to W67.5 billion. 

ASKs rose 13% during the quarter, and RPKs 14%. Load factors slipped marginally to 76.9% from 77.5% in the first quarter of 2021.  It notes that aviation fuel comprised 21% of its expenses during the first quarter, up from 13% in the first quarter of 2021. 


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Asiana to return A380 to service as international travel demand picks up
By Alfred Chua

16 June 2022

Asiana Airlines will resume operating its Airbus A380s from late-June, to ease a shortage of seats amid an “explosive” increase in travel demand as borders reopen. 

The South Korean carrier says it will deploy the superjumbo on two routes “with high travel demand”: Los Angeles and Bangkok. 

It will resume A380 operations into Los Angeles from 23 July, with the aircraft operating three flights a week. 

As for Bangkok, which Asiana says is a “popular tourist destination”, the A380 will operate daily flights from 25 June. 

Explaining its decision to deploy the A380s, Asiana says the superjumbo offers more seats - including in premium classes - compared to existing aircraft operating the routes, without the need for additional frequencies.

Asiana operates the A330 to Bangkok and the A350 to Los Angeles currently. At 495 seats, the A380 offers more than 180 additional seats per flight. 

“There has been continuous requests…for expansion as the number of passengers increased sharply after Covid-19 restrictions were lifted. Both routes had a load factor of about 90% in May, and the Los Angeles route was in high demand, with two flights a day,” says the Star Alliance carrier. 

Cirium fleets data shows that Asiana has a fleet of six stored A380s, powered by Rolls-Royce Trent 970s. 

The move follows compatriot Korean Air’s decision to redeploy its A380s to New York from July. Other Asia-Pacific carriers, including Singapore Airlines, All Nippon Airways and Qantas, have also returned their superjumbos to service. 


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