Mar 30, 2026 Doyoung Lim biz.chosun.com Major airlines are facing surging oil prices, and the strengthening dollar is a concern. This phenomenon is evident among low-cost carriers (LCCs), most of which have to manage additional earnings falling from unpredictable external uncertainties. Most LCCs reported operating losses last year on the prolonged devaluation of the Korean won against the dollar, leading them to raise ticket prices. Furthermore, most airlines are reducing fl