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Korean Air Enters Emergency Mode Amid Soaring Fuel Prices

3/31/2026

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Story summary
  • Korean Air will enter emergency management mode in April due to rising fuel costs linked to the Middle East conflict.
  • Fuel prices are expected to reach 450 US cents per gallon, up from 220 US cents projected in its business plan.
  • Other airlines, including T’way Air and Asiana Airlines, have also adopted emergency measures amid the rising costs.