SEOUL, June 14 (Korea Bizwire) — Air Premia Inc. said Wednesday it aims to achieve 1.15 trillion won (US$899 million) in sales in 2027 by expanding its fleet and long-haul routes. In July last year, the South Korean low-cost carrier began its services by offering flights on the Incheon-Singapore route with one B787-9 passenger jet. [...]
SEOUL, March 17 (Korea Bizwire) — T’way Air, a South Korean low-cost carrier, said Thursday it targets to achieve 3 trillion won (US$2.5 billion) in sales by 2027, as it aims to expand its fleet and serve long-haul routes. T’way Air added an A330-300 chartered plane last month for operations on the Gimpo-Jeju route from [...]
SEOUL, Oct. 28 (Korea Bizwire) — South Korea’s transport ministry said Monday it will permit Fly Gangwon, the country’s seventh low-cost carrier, to begin operations next month, a move that could further heat up competition in South Korea’s aviation market. An air operator certificate to be issued to Fly Gangwon on Tuesday will allow the [...]
SEOUL, Jan. 4 (Korea Bizwire) – Air Busan Co. on Friday began a temporary flight service connecting the southern port city of Busan to Singapore, a first for the low-cost carrier. It said the flights will leave Gimhae International Airport at 6:15 p.m. on Tuesday and Friday, and arrive at Singapore around 11:15 p.m. The [...]
SEOUL, Sept. 10 (Korea Bizwire) — Air Seoul Co., a South Korean low-cost carrier, said Monday it has designated one restroom on each of its routes as female-only to meet demand from women travelers. “Our business data shows six out of 10 passengers are women, and the company has responded to requests for women-only toilets [...]
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 [...]
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, March 31 (Korea Bizwire) — Air Busan has announced that it will be the first low-cost carrier in Korea to distribute dividends. Asiana Airlines, the City of Busan, Seun Steel and 11 other Busan-based companies holding shares in the airline will be paid 500 won (US$ 0.45) per share, following a board decision on [...]
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 [...]