low-cost carriers Archives | Be Korea-savvy
Budget Carriers Struggle to Compete Full Service Airlines

Budget Carriers Struggle to Compete Full Service Airlines

SEOUL, Feb. 24 (Korea Bizwire) — The polarization of profits between full-service carriers (FSCs) and low-cost carriers (LCCs) is worsening as air travel demand has plunged in the aftermath of the coronavirus pandemic. While LCCs are following in the footsteps of two FSCs — Korean Air Lines Co. and Asiana Airlines Inc. –  to fly more flights [...]

Low-cost Airline Market Faces Major Transition amid Pandemic

Low-cost Airline Market Faces Major Transition amid Pandemic

SEOUL, Jan. 20 (Korea Bizwire) — South Korean low cost airline market is bound to change with the emergence of both new and giant low-cost carriers (LCCs). Air Premia Co. reportedly plans to introduce Boeing 787-9 aircraft next month and receive an air operator certificate (AOC) from the Ministry of Land, Infrastructure and Transport. While [...]

Boeing Sees LCCs as Growth Driver for S. Korea’s Commercial Aviation Market

Boeing Sees LCCs as Growth Driver for S. Korea’s Commercial Aviation Market

SEOUL, Oct. 14 (Korea Bizwire) — Low-cost carriers (LCCs) will be a key growth driver for South Korea’s commercial aviation market and take the lead in the Northeast Asian region market, a Boeing executive said Monday. South Korean LCCs are currently leading the Northeast Asian commercial aviation market, accounting for 65 percent of the entire [...]

Japanese Cities Ask S. Korean LLCs to Retain Flight Routes

Japanese Cities Ask S. Korean LLCs to Retain Flight Routes

SEOUL, Aug. 6 (Korea Bizwire) — Several Japanese local governments have asked South Korean low-cost carriers (LLCs) to retain flight routes to Japan amid a rising boycott of travel to the neighboring country, industry sources said Tuesday. High-level delegations from Japanese cities and prefectures, including Takamatsu City, recently visited such South Korean budget carriers as [...]