Tag: lcc

lcc

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An Eastar Jet's aircraft takes off from Incheon International Airport on April 13.

From K-pop to cargo: Budget airlines seek new lifelines

Korea’s low-cost carriers are reassigning staff, using K-pop branding and selling cargo space as fuel prices and a weak won continue to squeeze profits.

2026.7.13

Jin Air and Korean Air planes sit on the tarmac at Incheon International Airport on July 13. [YONHAP]

Korean Air-Asiana merger's route distribution has LCCs in holding pattern

The government’s plan to redistribute 10 flight routes following the merger of Korean Air and Asiana Airlines has drawn strong interest from low-cost carriers eager to claim newly available slots, according to the industry on Monday.

2025.11.10

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A Korean Air aircraft takes off at Incheon International Airport in this undated photo. [KOREAN AIR]

Korean Air, Jeju Air and more see drop in revenue in Q3

Korean Air reported weaker-than-expected earnings in the third quarter of this year, as passenger demand recovery was offset by intensifying competition in ticket pricing and rising fixed costs. Low-cost carriers are facing even greater challenges.

2025.10.21

Low-cost wins again: Budget airlines lead market for third year straight

Korea's budget airlines carried 15.8 million international passengers in the first half 2023, surpassing major carriers for the third consecutive year.

2025.7.13

This photo provided by Air Premia on July 11 shows company workers celebrating the launch of its interline agreement with Amazon Air Cargo to expand the airline's freight services to the United States. [YONHAP]

Air Premia partners with Amazon Air Cargo to expand U.S. freight network

Air Premia, a Korean low-cost carrier, said Friday it has partnered with Amazon Air Cargo to jointly operate freight services targeting the United States' cargo market.

2025.7.11

Travelers use the self-check in kiosks for low-cost carriers at Incheon International Airport's Terminal 1 on June 8, 2024. [YONHAP]

Da Nang is out, Hakodate is in: Budget airlines tempt summer travelers with lesser-known 'exclusive routes'

Korea's budget airlines expand exclusive international routes to boost profitability and attract travelers, with new destinations like Hakodate, Japan, and Ishigaki Island.

2025.6.9

A plane takes off at Incheon International Airport on Feb. 2. [YONHAP]

Korea's airline industry has diametric Q1 with LLCs hit by forex turbulence

Korea’s airline industry posted sharply divergent results in the first quarter, as long-haul routes and a rebound in cargo helped full-service carriers to record-high sales, while low-cost carriers suffered due to the weak won.

2025.5.18

A Jeju Air check-in counter remains empty on Dec. 31, last year, two days after the airplane crash that killed 179 people at Muan International Airport in South Jeolla. [NEWS1]

잇따른 항공 참사로 저가항공사 기피 확산

Cho Min-seung, a 30-year-old researcher based in Seoul, recently canceled her Jeju Air ticket to Tokyo amid anxiety about the safety of the budget airline after a series of aircraft accidents involving low-cost carriers (LCCs).

2025.2.20

A Jeju Air check-in counter remains empty on Dec. 31, two days after the airplane crash that killed 179 people at Muan International Airport in South Jeolla. [NEWS1]

Travelers shun budget carriers in droves after series of disasters

Concerns are rising over the safety of Korea's low-cost carriers after recent accidents, leading many passengers to switch to flagship airlines.

2025.2.9

Search operations are underway near Muan International Airport on Jan. 4 following the crash of a Jeju Air passenger plane that killed all but two of the 181 people onboard. [YONHAP]

Jeju Air was most maintenance-delayed Korean airline of the first half of 2024, data shows

Jeju Air, the low-cost carrier facing intense scrutiny over a recent aircraft crash that claimed 179 lives, recorded the largest number of flight delays among domestic airlines due to maintenance during the first half of 2024, government data showed.

2025.1.6