SEOUL, Feb. 5 (Korea Bizwire) — South Korea’s low-cost carriers will suspend more flights on Chinese routes to avoid fallout from the fast-spreading new coronavirus, industry sources said Wednesday. Jeju Air Co., the country’s biggest budget carrier, which recently suspended six out of 17 routes to mainland China, will halt another route beginning Friday, a [...]
SEOUL, March 5 (Korea Bizwire) — South Korea’s transportation ministry said Tuesday that it issued business licenses to three new budget carriers, a move that could further fuel competition in the already heated no-frills flight market. The ministry said licenses have been provided to Fly Gangwon, Air Premia Co. and Aero K Airlines Co. Currently, [...]
SEOUL, Mar. 13 (Korea Bizwire) — South Korean low-cost carriers are strengthening services on Chinese routes by opening new routes to one of Asia’s fastest growing economies. Jeju Air Co. will open a new route to Yantai in the northeastern part of Shandong province on April 5, the company said in a statement. The new [...]
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 [...]
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 [...]
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 [...]
SEOUL, June 30 (Korea Bizwire) – Jin Air Co., one of South Korea’s biggest budget carriers, on Friday opened a new route to Jeju Island to capitalize on growing low-cost travel demand during the peak summer season. The low-cost carrier has allocated a 189-seat B737-800 jet to serve the Gwangju-Jeju route two times a day, [...]
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 [...]