S. Korea Issues Biz Licenses to 3 New Budget Carriers

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, [...]