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S. Korea Budget Carriers Handle Record 20 Million Passengers in 2017

S. Korea Budget Carriers Handle Record 20 Million Passengers in 2017

SEOUL, Feb. 26 (Korea Bizwire) – South Korea’s budget carries transported a record high of over 20 million passengers for the whole of 2017, up sharply from the year before, industry data showed Saturday. Numbers provided by the transportation ministry and the tourism sector showed the country’s six low cost carriers (LCCs) ferried 20.3 million people, up a sharp 41.9 [...]

Asiana Bent on Turnaround amid THAAD Row, Competition

Asiana Bent on Turnaround amid THAAD Row, Competition

SEOUL, Sept. 4 (Korea Bizwire) — Asiana Airlines Inc., South Korea’s second-biggest passenger carrier, is struggling to improve its business amid an ongoing diplomatic row over the deployment of a missile defense system here and increased competition with budget carriers, industry sources said Monday. Under its three-year restructuring plan that ends in December 2018, Asiana [...]

Complaints Against Budget Carriers Nearly Doubled Last Year

Complaints Against Budget Carriers Nearly Doubled Last Year

SEOUL, July 31 (Korea Bizwire) – The number of consumer complaints lodged against South Korea’s budget carriers was nearly twice as high as complaints leveled on full-service airlines last year, a consumer rights agency said Monday. In 2016, low-cost carriers (LCC) received a total of 417 consumer complaints, while Korean Air Lines Co. and Asiana [...]

Budget Carriers’ Share Tops 20 Pct in Int’l Routes

Budget Carriers’ Share Tops 20 Pct in Int’l Routes

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 [...]