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A view of the headquarters of Asiana Airlines. (Photo = Asiana Airlines) |
[Alpha Biz= Kim Jisun] Asiana Airlines has entered an emergency management mode in response to soaring global oil prices and rising external uncertainties stemming from the ongoing conflict in the Middle East.
According to industry sources on March 26, the airline began implementing emergency measures on March 25. The move is aimed at proactively addressing mounting cost pressures, particularly from rising aviation fuel prices, by reviewing its overall cost structure.
Asiana Airlines plans to reassess non-essential expenditures, reduce operating costs, identify additional cost-saving initiatives, and reprioritize investments to maintain financial stability.
The company will also enhance efficiency through flexible capacity management while strengthening a profitability-focused operating strategy to counter sharp increases in expenses.
Despite the cost-cutting measures, the airline emphasized that key priorities—including safe operations, customer service, and preparations for the launch of an integrated airline—will continue without disruption.
Previously, low-cost carrier T'way Air became the first in the industry to declare an emergency management system.
Alphabiz Reporter Kim Jisun(stockmk2020@alphabiz.co.kr)
