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NewJeans terminates contract with Ador, embarks on new journey
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SNU professors join growing movement calling for Yoon's resignation
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Presidential office criticizes opposition-led state auditor, prosecutor impeachment motions
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NewJeans leave for Japan shows day after unilaterally terminating contract with Ador
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Will Min Hee-jin reunite with NewJeans?
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[From the Scene] At this Starbucks, you need ID: Franchise opens store with view of North Korea
![[From the Scene] At this Starbucks, you need ID: Franchise opens store with view of North Korea](//res.heraldm.com/phpwas/restmb_idxmake.php?idx=644&simg=/content/image/2024/11/29/20241129050068_0.jpg&u=)
![[From the Scene] At this Starbucks, you need ID: Franchise opens store with view of North Korea](http://res.heraldm.com/phpwas/restmb_idxmake.php?idx=644&simg=/content/image/2024/11/29/20241129050068_0.jpg&u=)
Jeju Air Co., South Korea's biggest low-cost carrier by sales, said Tuesday its third-quarter net profit fell 3.7 percent from a year earlier due to high oil prices.
Net profit for the three-month period that ended on Sept. 30 reached 31 billion won ($27.6 million), compared with 32.3 billion won a year earlier, the company said in a regulatory filing.
The budget airline said high oil prices are to blame for the decline in net profit.
Jet fuel prices came to $87.3 per barrel in the third quarter, up 45 percent from a year earlier.
Operating profit fell 6.5 percent to 37.7 billion won in the July-September period from 40.3 billion won a year ago. Sales were up 31.3 percent to 350 billion won from 266.5 billion won during the same period last year, it said. (Yonhap)
