Korean Air CEO concerned over rising interest rates, inflation and competition

DOHA (Reuters) – Korean Air Lines Co Ltd’s chief executive said on Monday that he is concerned that rising interest rates and inflation could impact consumer demand and that rising competition could lower ticket prices.

The high U.S. dollar is “painful” and makes debt costs higher, he added.

(Reporting by Jamie Freed; Writing by Lina Najem; editing by David Evans)

Close Bitnami banner
Bitnami