SEOUL, June 1 (Korea Bizwire) – Air Busan, a South Korea budget carrier, has added one A321-200 aircraft to its fleet that will allow it to strengthen its customer service, the company said Thursday. The low-cost carrier has leased a total of 20 passenger jets, including the latest 195-seat airplane, and plans to increase the [...]
SEOUL, April 21 (Korea Bizwire) – South Korean low-cost carriers Air Busan and T’way Air will set up new routes to Japanese cities as part of efforts to offset declines in demand from China, the companies said Friday. The number of Chinese travelers has sharply declined following the ban on all travel packages to South [...]
SEOUL, March 31 (Korea Bizwire) — Air Busan has announced that it will be the first low-cost carrier in Korea to distribute dividends. Asiana Airlines, the City of Busan, Seun Steel and 11 other Busan-based companies holding shares in the airline will be paid 500 won (US$ 0.45) per share, following a board decision on [...]
SEOUL, Jan. 19 (Korea Bizwire) — South Korea’s low-cost carriers (LCCs) transported more than half of domestic passengers for the first time last year as more consumers opted for their cheaper and improving flight services for short-distance travel, industry data showed Monday. According to the data compiled by Jeju Air Co., the country’s largest budget [...]