SEOUL, Feb. 16 (Korea Bizwire) – Jeju Air Co., South Korea’s top budget carrier, said Tuesday that its net profit surged 47.3 percent on-year in 2015 as falling oil prices helped drive down costs. Net profit came to 47.2 billion won (US$38.8 million) last year, compared with 32 billion won tallied a year earlier, the [...]
SEOUL, Aug. 11 (Korea Bizwire) – To revitalize Korea’s tourism industry and domestic demand dented by the recent outbreak of the Middle Eastern Respiratory Syndrome, the “Korea Grand Sale” will run for 79 days from August 14 to October 31. The Visit Korea Committee announced on August 11 that this year’s Korea Grand Sale would [...]
SEOUL, Jan. 19 (Korea Bizwire) — South Korea’s low-cost carriers (LCCs) transported more than half of domestic passengers for the first time last year as more consumers opted for their cheaper and improving flight services for short-distance travel, industry data showed Monday. According to the data compiled by Jeju Air Co., the country’s largest budget [...]
SEOUL, Dec. 7 (Korea Bizwire) — Lee Min-ho, the young actor who gained his fame from dramas such as The Heirs, Boys over Flowers, and City Hunter, is now set to debut as a movie star by appearing on the upcoming film Gangnam 1970. He is now one of the hottest actors in China. That’s [...]