Korean Air said its cargo business revenue totaled KRW 1.0667 trillion, a decrease of KRW 53.1 billion year-on-year.

The South Korean flag carrier noted that despite a slight slowdown in the global air cargo market amid rising U.S. tariff risks, the airline maintained stable profitability by flexibly adjusting routes in response to tariff changes and demand fluctuations.

"The outlook for the fourth quarter cargo business remains mixed, with expectations for the year-end consumer season balanced against the potential for demand to soften due to ongoing trade tensions," Korean Air said.

Korean Air added that it will focus on agile capacity management, capturing high-value cargo and securing e-commerce demand.

Korean Air is one of the world's top 20 airlines. The airline serves 116 cities in 39 countries on five continents with a modern fleet of 163 aircraft.

In the third quarter of 2025, Korean Air posted revenue of KRW 4.0085 trillion (US$2.86 billion), also down KRW 232.3 billion from the same period last year. The decline was largely driven by increased global airline capacity and a more competitive fare environment.

While fuel costs eased, the carrier faced higher depreciation, maintenance, and operational expenses, which pushed operating profit down to KRW 376.3 billion (US$268.4 million), a year-on-year drop of KRW 242.3 billion.

The dip was attributed to the shift in South Korea's Chuseok holiday from September in 2024 to October in 2025, as well as temporary demand pressures such as tighter U.S. entry requirements.