SEOUL, Jan. 17 (Korea Bizwire) – South Korean budget airline Jin Air Co. said Wednesday it posted record earnings in 2023 on strong demand, shaking off the fallout of the coronavirus outbreak. Net income came to an all-time high of 135.8 billion won (US$101 million) on a separate basis last year, the first black ink [...]
SEOUL, Aug. 11 (Korea Bizwire) — South Korea’s 10th budget carrier Air Premia Co. on Wednesday began services on the Gimpo-Jeju route to meet local travel demand amid the extended COVID-19 pandemic. Last month, the Ministry of Land, Infrastructure and Transport issued an air operator certificate to Air Premia to allow the carrier to use [...]
SEOUL, April 15 (Korea Bizwire) — Aero K Airlines Co. on Thursday began regular flights with an A320ceo aircraft as South Korea’s eighth low-cost carrier. Aero K began services on a domestic route between Cheongju, 140 kilometers south of Seoul, and Jeju Island, with a plan to expand flights to Asian countries such as China, [...]
SEOUL, Oct. 28 (Korea Bizwire) — South Korea’s transport ministry said Monday it will permit Fly Gangwon, the country’s seventh low-cost carrier, to begin operations next month, a move that could further heat up competition in South Korea’s aviation market. An air operator certificate to be issued to Fly Gangwon on Tuesday will allow the [...]