Asiana Airlines아시아나항공

Asiana Airlines remains loss-making on a trailing basis, with heavy debt and a share price down over the past year.

Over the twelve months to H1 2026, Asiana reported revenue of about ₩6.8T but an operating loss of about ₩802B and a net loss of about ₩1.19T, with free cash flow of roughly -₩692B. The company's borrowings of about ₩451B sit against cash of about ₩361B, and liabilities are around 55 times equity. The shares closed at ₩6,760 on 2026-10-26, near the lower end of their 52-week range of ₩6,500 to ₩9,170.

What stands out

• Revenue has fallen from ₩8.3T in 2024 to ₩7.3T in 2025 and about ₩6.8T on a trailing basis, while operating income swung from a small profit in 2024 to a loss of about ₩345B in 2025.
• The company paid no dividend (yield 0%), and the data gives no P/E because earnings are negative; price-to-book is about 10.5 against 2.2 at 2025 year-end.
• Peers Korean Air (P/B about 0.9) and several smaller carriers were also shown in the data, but the data does not give peer profitability comparisons.
• Recent filings include a merger decision and an extraordinary shareholders' meeting in August 2026, and several lawsuit filings and rulings in October 2026.
• A passenger lawsuit seeking over ₩2 trillion in US damages was reported dismissed on 2026-10-26, and the company's recent news also covers a separate ₩2.3T damages claim from a Russian passenger filed in October.

What to watch

• The next results and filings, including the outcome of the merger process referenced in August 2026 filings, which the data does not describe in detail.
• Whether operating losses and negative free cash flow narrow, given the large trailing net loss and ₩451B of borrowings.
• Status of the remaining damages lawsuits, including the ₩2.3T claim reported on 2026-10-14.