SEOUL, Jul. 25 (Korea Bizwire) — Customers are increasingly forgoing established airlines such as Korean Air and Asiana Airlines for cheaper options. On July 24, the Ministry of Land, Infrastructure and Transport released figures that show the overall number of travelers opting for low cost carriers (LCC) for international travel steadily increased from January (24.1 [...]
SEOUL, July 24 (Korea Bizwire) – Jin Air Co., the budget carrier unit of Korean Air Lines Co., said on Monday it added a B737-800 jet to its growing fleet to meet demand during the summer peak season. With the addition of the B737-800, Jin Air’s fleet is now composed of 20 B737-800s and four long-range B777-200ERs, all leased from U.S. aircraft manufacturer [...]
SEOUL, Dec. 30 (Korea Bizwire) – The share of South Korea’s low cost carriers in international passenger traffic topped 20 percent last month, aided by growing demand for cheap air tickets and expanded capacity, data showed on Friday. According to the data compiled by the Ministry of Land, Infrastructure and Transport, a total of 1.27 [...]
BUSAN, Dec. 23 (Korea Bizwire) – “Corporate promotion programs” offered by local low-cost carriers have become extremely popular, and fruitful, for both airlines and their passengers. These types of programs, simply put, provide discounts on fares for all employees from affiliate companies, year-round. For instance, the journey from Seoul to Busan, a popular air route [...]
SEOUL, June 20 (Korea Bizwire) – ‘Me-too marketing’ has become a prevalent formula among domestic airline companies. The practice refers to a marketing strategy where a company follows other businesses’ high-demand products or services. And although each airline is trying to keep its own individuality, they’re no longer hesitant to copy each other. First, the [...]
SEOUL, June 3 (Korea Bizwire) – A Seoulite purchased a plane ticket from Incheon to Hong Kong for 368,600 won ($310) in July 2015. But when he tried to cancel the trip a few months later, he was charged 216,000 won ($181) in cancellation fees. As such, there are instances where airline companies either charge [...]
SEOUL, March 28 (Korea Bizwire) – Data shows that the number of Korean pilots who are currently accepting jobs at Chinese airlines has increased. Kim, a pilot who moved from Korean Air to a Chinese airline two years ago, commented that Chinese airlines choose safety as their priority and pay their pilots more money than airlines [...]