Korean Air expects its cargo business to cool in the fourth quarter amid weaker demand and the impact of a global economic slowdown.
大韩航空预计,由于需求疲软和全球经济放缓的影响,其货运业务将在第四季度降温。
The South Korean flag carrier made the comment as it reported strong cargo revenue in the third quarter, although volumes were down during the period.
这家韩国旗舰航空公司发表了这一评论,因为它报告第三季度货运收入强劲,尽管在此期间货运量有所下降。
In its non-consolidated income report, Korean Air said cargo revenue in the July to September period reached KRW 1.8564 trillion (US$1.3 billion), a 12% year-on-year increase.
大韩航空在其非综合收益报告中表示,7月至9月期间的货运收入达到1.8564万亿韩元(13亿美元),同比增长12%。
"The quarter saw a drop in cargo demand due to intensified competition following the increase in passenger plane belly cargo capacity. A decrease in consumer spending due to inflation and seasonal trends has also contributed to the reduced cargo demand," Korean Air said in a statement.
大韩航空在一份声明中表示:“本季度,由于客机机腹货运能力增加后竞争加剧,货运需求下降。通货膨胀和季节性趋势导致的消费者支出减少也导致了货运需求的减少”。
In general, the airline made a revenue of KRW 3.6684 trillion (US$2.5567 billion) and an operating profit of KRW 839.2 billion (US$584.9 million) in the third quarter.
总的来说,该航空公司第三季度的收入为3.6684万亿韩元(25.567亿美元),营业利润为8392亿韩元(5.849亿美元)。
It added that the recovery in demand following the relaxation of travel restrictions such as the removal of pre-arrival mandatory COVID-19 testing has also led the airline to bring in a passenger revenue of KRW 1.4543 trillion (US$1 billion) in the third quarter, for an increase of 338% year on year.
它补充说,随着旅行限制的放松,如取消入境前强制性新冠肺炎检测,需求的复苏也导致该航空公司在第三季度实现旅客收入1.4543万亿韩元(10亿美元),同比增长338%。
Weaker Q4 cargo demand seen
第四季度货运需求疲软
Moving forward, Korean Air signalled that the fourth quarter cargo performance would weaken on the back of ongoing market challenges.
展望未来,大韩航空表示,第四季度货运业绩将因持续的市场挑战而减弱。
"While a weaker fourth quarter cargo business outlook is expected due to the global economic slowdown and diminished demand, the airline seeks to increase revenue by securing year-end seasonal demand," it said.
该公司表示:“尽管由于全球经济放缓和需求减少,预计第四季度货运业务前景将疲软,但该航空公司寻求通过确保年终季节性需求来增加收入。”。
Nonetheless, Korean Air noted that the fourth quarter passenger business outlook is bullish on strong passenger demand, and the airline will continue to operate flexibly through charter and extra flights.
尽管如此,大韩航空注意到,第四季度客运业务前景看好强劲的客运需求,该航空公司将继续通过包机和额外航班灵活运营。
"With a grim market outlook on inflation, weakened currency, and high interest rates, Korean Air will continue to address external challenges and minimize their impact," the carrier said.
该航空公司表示:“随着通货膨胀、货币贬值和高利率的严峻市场前景,大韩航空将继续应对外部挑战,并将其影响降至最低。”。