SEOUL, Dec. 30 (Korea Bizwire) – The share of South Korea’s low cost carriers in international passenger traffic topped 20 percent last month, aided by growing demand for cheap air tickets and expanded capacity, data showed on Friday. According to the data compiled by the Ministry of Land, Infrastructure and Transport, a total of 1.27 [...]
SHENYANG, China, Dec. 29 (Korea Bizwire) – North Korea has featured a flight crew of its flag carrier Air Koryo in a 2017 calendar of the communist country, obtained Thursday by Yonhap News Agency, in what is seen as an unprecedented move to revitalize its tourism industry amid international sanctions imposed over its nuclear and [...]
BUSAN, Dec. 23 (Korea Bizwire) – “Corporate promotion programs” offered by local low-cost carriers have become extremely popular, and fruitful, for both airlines and their passengers. These types of programs, simply put, provide discounts on fares for all employees from affiliate companies, year-round. For instance, the journey from Seoul to Busan, a popular air route [...]
SEOUL, Dec. 19 (Korea Bizwire) – South Korea’s air passenger traffic has reached a new high on a sharp increase in international passengers to and from the country, the transportation ministry said Monday. Air passenger traffic has already reached over 100 million as of Monday, breaching the 100 million mark for the first time in [...]
SEOUL, Oct. 27 (Korea Bizwire) – South Korea’s air passenger traffic surged from a year earlier in September with both international and domestic passengers continuing to increase, the government said Thursday. The number of international air passengers to and from the country spiked 21.7 percent on-year to over 5.99 million last month, with the number [...]
SEOUL, Aug. 31 (Korea Bizwire) – South Korean airlines reduced their greenhouse gas emissions by over 280,000 tons in the first half of the year, cutting their use of fuel in the process, which reduced the travel cost for passengers, the government said Wednesday. Under a voluntary agreement, seven South Korean flag carriers, including industry [...]
SEOUL, Aug. 5 (Korea Bizwire) – China’s fast growth has been both a boon and a bane to the Korean economy. While Korea has grown heavily dependent on Chinese consumption, China’s rapid development has also threatened many Korean businesses, both big and small, and Korean companies that used to underrate Chinese technology and made-in-China products [...]
SEOUL, July 4 (Korea Bizwire) – It’s been almost three months since the Korean Ministry of Land, Infrastructure and Transport (MOLIT) modified regulations to allow cold beverages purchased from post-security zones to be brought onto international flights. The policy was implemented on April 12, and a recent survey revealed that the general satisfaction level of [...]
SEOUL, June 23 (Korea Bizwire) – South Korea said Thursday that it has agreed, in principle, with France to increase the number of weekly passenger flights between Incheon and Paris to 14 from the current 12. The deal was reached in a meeting of aviation officials between the two countries in Paris earlier this week, [...]
SEOUL, June 20 (Korea Bizwire) – ‘Me-too marketing’ has become a prevalent formula among domestic airline companies. The practice refers to a marketing strategy where a company follows other businesses’ high-demand products or services. And although each airline is trying to keep its own individuality, they’re no longer hesitant to copy each other. First, the [...]