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The Daily PerspectiveThe sharp rise in the dollar-won exchange rate is inflicting heavy losses on South Korea's airline industry, with Korean Air and low-cost carriers facing mounting valuation and operating cost pressures.
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[High Exchange Rate Shock] Airline Industry in Turmoil—Even Market Leader Faces Hundreds of Billions in Losses
The sharp rise in the dollar-won exchange rate is inflicting heavy losses on South Korea's airline industry, with Korean Air and low-cost carriers facing mounting valuation and operating cost pressures.
Yonhap Infomax