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Jeju Air Reports 5.4% Revenue Growth but 59% Drop in Net Profit for Q3 2024

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Jeju Air, South Korea’s largest low-cost carrier, has reported a 5.4% increase in sales for the third quarter of 2024, totaling $335.2 million. However, the airline experienced a significant 59% decline in net profit, which fell to $31.3 million. The mixed results highlight the challenges Jeju Air faces in balancing revenue growth with profitability amid fluctuating operational costs and competitive pressures.

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L’Odyssey to Launch Nîmes Flights with Wet-Leased ATR72-600 in 2025

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Spirit Airlines Reports $1.22 Billion Net Loss for 2024 as Revenue Declines

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