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South Korea’s low-cost carriers posted steep Q3 losses as intense competition and a strong dollar pushed some debt ratios above 4,000%, raising sector concerns.
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LCCs Suffer Severe Q3 Losses—Some Debt Ratios Exceed 4,000%

South Korea’s low-cost carriers posted steep Q3 losses as intense competition and a strong dollar pushed some debt ratios above 4,000%, raising sector concerns.

Yonhap Infomax