Asiana Airlines Loss Widens as Korea Travel Demand Slumps
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Asiana Airlines Inc., the South Korean carrier that suffered a fatal jet crash in San Francisco last month, reported a second-quarter loss bigger than analysts estimated as travel demand waned.
The net loss was 80.4 billion won ($72 million) in the three months to June, compared with the 49.9-billion-won average of 11 analyst estimates compiled by Bloomberg. A year earlier, the airline had a loss of 37.7 billion won, the carrier said in a regulatory filing today.