2.Principal Activities
3.Evaluation of the Performance
4.Evaluation of the Liquidity
5.Implication from Cash Flows
6.Evaluation of the Policy
7.The Price-earnings Ratio & The Ratio of Market Price
8.Appendix
Vision :
“To be a Respected Leader in the World Airline Community”
Mission : Excellence in Flight - Operational Excellence - Service Excellence - Innovative Excellence
Operating Revenues
Business Overview of KAL
- passenger transport, goods transport, airplane repairs, air services, in-flight meals, and aerospace industry
Principal Activities
1. Air Transportation
- Domestic airline services through 13 cities
- International airline services through 104 cities, 38 nations
- KAL have 126 airplanes. (in 2009)
2. Other Business
- Aerospace research & Manufacturing is noticeable and important for future growth
of KAL
- KAL Aerospace Division manufactures licensed versions of helicopters, aircrafts,
and parts for various commercial aircrafts. It also provides aircraft maintenance
support for the United States Department of Defense in Asia and maintains a
research division with focuses on launch vehicle, satellite, commercial and
military aircraft, helicopter, and simulation systems.
Additional Information about KAL
Operating – negative amount of net income in 2009!
net income -98,895,975,758 : a net loss in 2009 according to the income statement
But according to the statement of cash flows, the amount of cash inflows from operating activity in 2009 is 489,868,592,842.
Despite the fact that Korean Airlines experienced net loss in 2009, the company managed to generate a positive cash inflow from operating activities. Also, Korean Airlines shows larger amount of cash inflows from operating activities in 2009 compared to the last year’s poor performance.
(The amount of cash flows from operating of Korean Airlines in 2009 is 489,868,592,842, and the amount for 2008 was -118,364,859,292.)
-> KAL managed to generate more cash in 2009. However, considering the fact that most of its cash inflow consists of amortization of intangible assets which make company’s cash flow better, Korean Airlines needs to do better in the future to earn more from their operation.
2. Investing – how much did KAL invest for the future?
3. Financing – where is all the money coming from?

분야