Seoul: Asiana Airlines Inc. announced a net loss for the year 2025, attributing the financial setback to a weaker won and increased expenditures associated with its merger with Korean Air Co.
According to Yonhap News Agency, Asiana Airlines reported a net loss of 136.8 billion won (US$94.7 million) for 2025 on a standalone basis. This figure represents a significant reduction from the net loss of 493.8 billion won recorded in 2024, as indicated in the airline's regulatory filing.
The airline also experienced an operating loss of 342.5 billion won, marking its first annual operating deficit since 2020, a year when the aviation sector faced challenges due to the COVID-19 pandemic. Asiana's sales decreased by 12.2 percent year-on-year, totaling 6.2 trillion won.
The company identified various factors contributing to its financial performance, including one-off expenses incurred during the integration process with Korean Air, increased investments, and rising labor costs. Additionally, the depreciation of the won had an impact on expenses related to fuel and aircraft maintenance.
Looking forward, Asiana Airlines has outlined plans to enhance its focus on developing new passenger markets and expanding belly cargo operations using passenger aircraft. These initiatives are aimed at improving the company's overall profitability.