Korean low-cost carriers going global
By Lee Hyo-sik
The country’s five budget carriers ― Jeju Air, Jin Air, Air Busan, Eastar Jet and T’way Air ― used to offer only domestic routes.
Now they have flights linking Korea with destinations in Japan, China and Southeast Asian countries. Over the past few years, they have been providing outbound Korean and inbound foreign travelers with more choices in airlines.
Low-cost carriers have been able to woo substantial numbers of customers from Korean Air and Asiana Airlines by offering lower airfare and differentiated services on international routes.
This year local budget carriers have made a huge leap forward as a record number of Koreans have headed overseas. More foreign visitors from China, Japan and Southeast Asian countries have also helped them grow at an explosive pace.
According to the Ministry of Land, Transport and Maritime Affairs, the number of Korean and non-Korean travelers using five low-cost carriers on a combined 13 international routes reached 276,000 during the January to February period this year, accounting for 4 percent of the total cr
Aug 25, 2011By Lee Hyo-sik