SEOUL, Jan. 4 (Korea Bizwire) – South Korean airlines will focus on increasing profits and making aggressive investments in fleets this year to better absorb rising travel and cargo demand, industry sources said Thursday. Full-service carriers such as Korean Air Lines Co. and Asiana Airlines Inc. have drawn up their business plans focusing on profitability. [...]
SEOUL, Dec. 20 (Korea Bizwire) — Jeju Air Co., South Korea’s leading budget carrier, said Wednesday it will increase the number of planes in its fleet to 39 next year. On Wednesday, Jeju Air added its 31st plane, the 189-seat B737-800 leased jet, to strengthen services on routes to Jeju Island and Southeast Asian countries [...]
SEOUL, Oct. 24 (Korea Bizwire) — Jeju Air Co., South Korea’s leading budget carrier, said Tuesday it will open the route to the capital of Laos next week as part of its diversification strategy to offset falling demand on Chinese routes. Jeju Air plans to operate flights on the Incheon-Vientiane route starting Oct. 29. With [...]
INCHEON, Sept. 29 (Korea Bizwire) – Jeju Air Co., South Korea’s leading budget carrier, on Friday began service on the Incheon-Vladivostok route as the number of passengers on it is rapidly rising, Incheon airport authorities said. Jeju Air became the first South Korean low-cost carrier to open the route. The airline provides the service four times a week with a 189-seat plane, according to the authorities. The number of passengers on the route soared more than 30 percent [...]
SEOUL, April 24 (Korea Bizwire) – Jeju Air, a South Korean low-cost carrier (LCC), will expand its fleet size to 32 planes by December with the aim of serving 10 million passengers annually, the company said Monday. On Sunday, the 29th plane ordered by the Jeju Island-based budget carrier arrived at Gimpo International Airport. The [...]
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 [...]