80% of carrier's international capacity has been cut as a result of global travel restrictions. FMTNews KoreanAir
Workers spraying disinfectant at Korean Air’s Incheon Operation Centre at Yeongjong Island, South Korea.
Woo Kee-hong, Korean Air’s president, said more than 80% of South Korea’s biggest carrier’s international capacity had been cut as a result of travel restrictions globally, compared with an 18% cut made during the 1997-1998 Asian financial crisis. Woo said Korean Air had grounded about 100 of 145 its passenger aircraft, adding that its self-help measures so far included deferring investments, cutting down on operational expenses and encouraging employees to take voluntary leave.
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