News / Korean Air Cargo suspends transport and cargo handling services at three hubs

© Brad Calkins

Korean Air, which saw first-quarter cargo revenue fall 7.6% year on year, is to suspend its services at cargo terminals in three cities. 

In a bid to improve its financial position, the carrier said it would stop transport and cargo handling services at Gwangju, Cheongju and Daegu on October 1.  

In its first-quarter results, released in May, the carrier reported freight tonne kilometres down 9.4% and a net loss of KRW10bn ($9.2m), which it blamed on US-China trade tension and a strong dollar, respectively. 

Local media reports analysts saying ...