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Asiana Airlines Inc. (020560)   STOCK
 
Address ASIANA AIRLINES, 47, OSOE-DONG, GANGSEO-GU, SEOUL
Home Page www.flyasiana.com
Established 1988. 2.17 Tel 02-2669-3114
Listed 2008. 3.28 IR 02-2669-5228
Common shares O/S 175,174,423 President Park,Sam Gu/Park,Chan Beop
Preferred shares O/S No.of Employees 8,134(2009. 9)
Year-on-year sales fell 12%, deriving from rapid decline of China and Southeast lines in view of high ratio of short-term tourism line depending on outbound travelers. Large scale loss was shown, because of increased fixed cost burden, owing to poor demand, despite reduced fuel expenses stemming from supply reduction and rapid decline of oil prices. Although, group risk-related burden continues, firm's financial structure improved, stemming from sales profit for Asiana Airport Development, and fund inflow from the reduction of capital by payment in cash of Korea Express.
Although, aviation demand is forecast to recovery, depending on downward stabilization of exchange rate, and economic recovery, operating uncertainties continue, because of the impact of delay in outbound travelers recovery, and N1H1. Operating loss reduction is expected, due to relieved expenses burden including fuel expense, and rent, stemming from oil prices and exchange rate, and operation rate rise and airfreight recovery in case of recovery in the number of outbound travelers. Although, loss on sales is expected, due to decision of sales of Daewoo Construction & Engineering, group financial risk relief is slightly expected, and in case of sales money inflow, it is forecast to function positively to cash flows.
(date: 2009.06, unit : %)
Name Kumho Industrial Korea Kumho Pertochemical The Korea Development Bank
Portion 33.5 14.0 6.9
(unit : %)
Sales Passenger Transportation 66.2 Cost Raw Materials
Cargo Transport 22.5 Labors
Others 11.2 Overhead
(Unit : 100Mn.Won,Won)
Year 08. 3 09. 1~    -    -    -
Type LI CB
Amount 8,758.54  0.18