SEOUL, Jan. 21 (Korea Bizwire) – Korean Air, the talk of town after the “nut rage” scandal featuring former vice-president Cho Hyun-a and a ticketing mistake giving the wrong seat to singer Bobby Kim, is suffering from a drop in passengers, the only Korean airline seeing passenger numbers decline.
In the face of intensifying competition from low-cost carriers and foreign airlines, its number of passengers using international flights dropped for the second straight year in 2014. The drop led to a fall in its market share. Korean Air held a 29.2 percent share of travelers on international flights last year, the first time that it dropped below the 30 percent mark.
Image Credit: Yonhap / photonews@koreabizwire.com
