LCCs

South Korea’s budget airlines are gearing up to weather the sector’s downturn amid a weaker local currency and a sluggish domestic econo...

From June 11, Air Premia Inc. is slated to launch service to Oslo, Norway, the longest-haul route for a South Korean low-cost carrier (LCC). The LCC...

South Korea's low-cost carrier Air Premia Inc. has teamed up with North Asia-focused private equity firm MBK Partners to win Asiana Airlines Inc.'s ...

South Korea's low-cost carriers (LCCs) are enjoying a surge in demand as the country emerges from the COVID-19 pandemic, while major carriers are st...

South Korea’s low-cost carriers (LCCs) may have to shelve plans to launch service to Indonesia after the two countries failed to reach an agre...

The proposed merger of Korean Air Lines Co. (KAL) and Asiana Airlines Inc. has moved one step closer to completion with Asiana’s backing of it...

The average occupancy rate (AOR) on international flights of South Korea’s low-cost carriers (LCCs) has exceeded 80%, fully recovering to its ...

Demand for overseas flights in South Korea has exploded since the resumption of air travel operations amid the substantial easing of COVID-19 restri...

Toughened COVID-19 testing requirements on Chinese travelers will likely dent hopes for South Korea's low-cost airlines to recover from three years ...

South Korea’s budget airlines are facing growing competition with foreign carriers on profitable international routes with the reopening of ai...

As domestic budget carriers begin opening or resuming flights to Taipei, the skyways between Korea and Taiwan have widened further.Jeju Air announce...

South Korean budget airlines are seeing a slow recovery in international flights as key routes such as China and Japan have yet to normalize while t...

Korean Air Lines Co., the country’s top carrier, reported a record quarterly operating profit on the strong cargo business while its smaller d...

South Korea’s reopening stocks rallied even as the local COVID-19 cases hit record-highs with the spread of the Omicron variant. Investors rai...

A travel bubble between South Korea and Saipan more than tripled visits of residents in the Asian country to the main island in the Northern Mariana...

Cash-strapped South Korean budget airlines are rushing to raise money in the local stock market on growing hopes for a travel recovery as government...

Korea’s low-cost carriers (LCCs) are projected to post another period of financial loss in the second quarter of 2021.According to analyst est...

Jeju Air Co., South Korea’s largest low-cost carrier (LCC), seeks to raise some $175 million in new shares to boost its capital base, raising ...