Korean Air offers workers 6-month unpaid leave amid deepening losses

Korean Air is offering up to 6 months of unpaid leave for its employees. The plan comes as the air travel industry is struggling with rising losses, although the carrier claims it is unrelated to the company's financial situation but is aimed at increasing employee satisfaction. According to Korean Air, employees who have worked there for over 2 years are eligible to apply for leave of 3 months. The company will receive applications through Oct 25, and the leave will be available from November to May ― it can also be extended for up to another 3 months. Pilots and workers at overseas offices are excluded from the plan as their absence would affect daily operations. The measure comes as local airlines have been posting losses amid unfavorable exchange rates and rising oil prices as well as geopolitical issues. <br/>