SEOUL, Dec. 18 (Korea Bizwire) — Jeju Air Co., South Korea’s biggest low-cost carrier, said Wednesday it has signed an initial pact to acquire smaller LCC Eastar Jet, heralding a shake-up in the country’s airline sector. Jeju Air will take over a 51.17-percent stake in Eastar Jet for 69.5 billion won (US$60 million) and sign [...]
SEOUL, Jan. 31 (Korea Bizwire) — South Korea’s airlines will hire more than 3,500 workers this year as they move to serve ever rising numbers of air passengers, industry sources said Wednesday. Korean Air Lines Co. said it will recruit more than 1,000 new workers, noting that it will fly 17 new flights this year. [...]
CHEONGJU, Aug. 17 (Korea Bizwire) – Geopolitical tensions are having a real effect on the Korean economy as North Chungcheong Province announced on August 15 that the low-cost carrier Eastar Jet had abandoned its plans to resume flight operations from Chungcheong International Airport to five Chinese cities. Since the cooling of relations between China and [...]
INCHEON, South Korea, June 22 (Yonhap) – Air Seoul Inc., a South Korean budget carrier, said Thursday it will focus its business on foreign destinations and has no plan to fly on domestic routes. In October last year, Air Seoul joined the country’s five low-cost carriers — Jin Air Co., Jeju Air Co., Air Busan [...]
SEOUL, May 22 (Korea Bizwire) – A thaw in deadlocked relations between South Korea and China over the deployment of an advanced U.S. ballistic missile defense system is showing signs of resuscitating vitality in exchanges in the public and private sectors between the two countries. Strained bilateral relations look somewhat mitigated of late as newly elected South Korean President Moon Jae-in is actively trying [...]
SEOUL, Oct. 23 (Korea Bizwire) – Eastar Jet has announced that it will operate irregular flights from Incheon to Dandong, China. It is the first time that an airline from a country other than China airline offers service to Dandong. The planes of Eastar Jet will fly from Incheon to Dandong twice a week on [...]
SEOUL, Aug. 6 (Korea Bizwire) — A low-cost airliner offers more discounts to passengers purchasing their tickets through its mobile application. Eastar Jet, a budget carrier, announced that it will hold a promotional event giving up to a 77-percent special discount depending on the date and the time to the passengers booking their seats through [...]