SEOUL, June 14 (Korea Bizwire) — Air Busan Co., a budget carrier unit of Asiana Airlines Inc., said Tuesday it will open more international flight routes next month in response to eased travel restrictions. In July, Air Busan will newly open three international routes — Busan-Nah Trang, Incheon-Da Nang, and Incheon-Fukuoka routes — and reopen [...]
SEOUL, June 13 (Korea Bizwire) — Hanjin KAL Corp., the holding company of South Korea’s air transportation conglomerate Hanjin Group, said Monday it is selling its entire stake in its budget carrier unit to its flagship Korean Air Lines Co., a move seen as intended at streamlining the structure before completing a merger with a [...]
SEOUL, June 10 (Korea Bizwire) — Jin Air Co., the budget carrier unit of Korean Air Lines Co., said Friday it is resuming the operation of its mid-to-large B777-200ER airplane starting this weekend to meet growing travel demand amid eased COVID-19 restrictions. The aircraft will be added to the Gimpo-Jeju route Sunday, about 16 months [...]
SEOUL, June 9 (Korea Bizwire) — Korean Air Lines Co., South Korea’s national flag carrier, said Thursday it will resume three long-haul routes next month as eased travel restrictions unleashed pent-up travel demand. Korean Air will offer three flights a week on each of the routes from Incheon to two European cities, Milan and Vienna, [...]
SEOUL, June 7 (Korea Bizwire) — Jeju Air Co., South Korea’s biggest low-cost carrier, said Tuesday it is targeting to turn around next year as eased virus restrictions unleash pent-up travel demand. Jeju Air posted net losses for three consecutive years through 2021 due to the impact of the COVID-19 pandemic on the airline industry. [...]
SEOUL, June 2 (Korea Bizwire) — With Japan opening its borders to foreign tourists and China beginning to lift city blockades, low-cost carriers are facing hopes for recovery. Jeju Air Co. shares jumped from 18,950 won on May 26 to 21,700 won on May 31, up by 14.5 percent in just four days. Jin Air [...]
SEOUL, May 27 (Korea Bizwire) — South Korea’s top no-frills airline Jeju Air Co. and other key industry players are on course to bounce back from a yearslong slump on the back of rising international travel demand, a local brokerage house said Friday. Jeju Air, Jin Air Co., T’way Air Co. and other low-cost carriers [...]
SEOUL, May 23 (Korea Bizwire) — Flag carrier Korean Air Lines Co. is seeking to resume the direct flight between Incheon and Bali from mid-July after a two-year hiatus due to the pandemic, industry sources said Monday. Korean Air filed for resuming the direct Incheon-Bali flight July 14 to the land ministry on the day, [...]
SEOUL, May 18 (Korea Bizwire) — South Korean food and beverage giant SPC Group said Wednesday its bakery-cafe chain Paris Baguette has opened three more stores in Indonesia in a bid to expand its presence there. The new outlets, which opened in Jakarta and the adjacent city of South Tangerang, raised to seven the number [...]
SEOUL, May 16 (Korea Bizwire) — T’way Air said Monday it will open a Incheon-Singapore route later this month, becoming the first South Korean low-cost carrier that will serve the route. T’way will use an A330-300 on the Singapore route and provide two flights a week beginning May 28, the company said in a statement. [...]