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Budget Carriers Struggle to Compete Full Service Airlines

Budget Carriers Struggle to Compete Full Service Airlines

SEOUL, Feb. 24 (Korea Bizwire) — The polarization of profits between full-service carriers (FSCs) and low-cost carriers (LCCs) is worsening as air travel demand has plunged in the aftermath of the coronavirus pandemic. While LCCs are following in the footsteps of two FSCs — Korean Air Lines Co. and Asiana Airlines Inc. –  to fly more flights [...]

Low-cost Airline Market Faces Major Transition amid Pandemic

Low-cost Airline Market Faces Major Transition amid Pandemic

SEOUL, Jan. 20 (Korea Bizwire) — South Korean low cost airline market is bound to change with the emergence of both new and giant low-cost carriers (LCCs). Air Premia Co. reportedly plans to introduce Boeing 787-9 aircraft next month and receive an air operator certificate (AOC) from the Ministry of Land, Infrastructure and Transport. While [...]

South Korea to Allow International Flight Tours

South Korea to Allow International Flight Tours

SEOUL, Nov. 20 (Korea Bizwire) — The South Korean government will allow international flight tours that involve passing through foreign airspace without landing until December of next year. This new measure was set up for airlines, tourism agencies and duty-free shops struggling with the coronavirus. The measure may be subject to early termination if the [...]

Trip.com Partners with Global Airlines to Maximize Customer Benefits and Propel Travel Recovery

Trip.com Partners with Global Airlines to Maximize Customer Benefits and Propel Travel Recovery

SINGAPORE, Nov. 9 (Korea Bizwire) — Trip.com, a leading international online travel service provider, has partnered with international airline brands to bring more benefits to loyalty program members. Throughout the past year, Trip.com has entered into partnerships with top airline brands to offer their loyalty and frequent flyer program members rewards and access to deals [...]