Korean Air Shares Up on Earnings Surprise Despite Jet Fuel Fears
Posted by MarketsWire
Korean Air Lines Co. shares climbed after South Korea’s largest flag carrier delivered a first-quarter earnings surprise, defying mounting concerns about jet fuel shortages and surging costs amid the Middle East crisis.
1 replies
tomspark wrote:
Jet fuel "shortages" lol. There's no actual shortage, it's just pricing volatility. Korean Air beat because they're good at hedging and their routes actually print money right now. The Middle East stuff is noise.