Korean Air announced January 28, 2014 a net loss of 384.8 billion won (261 million euros) in 2013, against a net profit of 256.4 billion won in 2012. The operating loss of 17.6 billion posted by the Korean carrier in 2013 corresponds to the decline in sales (11,800 billion won - 4%) but also provisions of 100.6 billion won made in the fourth quarter within two judicial procedures: one was launched by American passengers, the other by freight companies for illegal price fixing. Its international traffic dropped by 0.8% and the attendance of his Japanese bonds by 14%. Korean Air expects 2014 revenues of 12.560 billion won in 2014, up 7% compared to 2013.
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