Low-cost Carriers Fret over Asiana’s Plan to Launch Its Budget Carrier Business

SEOUL, March 22 (Korea Bizwire) – South Korea’s budget carriers are taking joint actions against the country’s No. 2 flag carrier Asiana Airlines Inc.’s move to start another low-cost airline this year, citing negative effects on the industry they say is near saturation. Jeju Air Co., the country’s top budget carrier, as well as Eastar [...]