Tariff on imported products for drugs would be hard for US pharma to swallow
Looming tariffs on imported pharmaceuticals could push up the cost of US drugs by $51bn ...
© Colicaranica
By Alex Lennane
Korean Air has bucked the global trend and made a profit in the second quarter, off the back of a 95% increase in cargo sales.
The carrier’s April to June operating profit was KRW148.5bn ($125m), with net profit of KRW162.4bn, against a net loss a year earlier of KRW380.7bn
Cargo revenues reached KRW1.23trn, and the carrier said: “Increased cargo deliveries helped offset a sharp decline in passenger travel demand.”
The airline plans to turn some of its 26-strong 777300ER fleet into cargo-only aircraft, ...
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