Korea Budget Airlines Jeju Air and Hansung Airlines
February 27, 2008 1:22 am Budget AirlineKorea’s two largest airlines have joined the low-cost carrier business, with Korean Air having founded Air Korea and Asiana Airlines having bought a controlling stake in Pusan International Air, which has launched budget carrier Air Pusan.Jeju Air and Hansung Airlines, which have been operating domestic services for more than two years, both plan to launch international services in the second half of this year.
Even foreign budget airlines have turned their eyes to Korea’s domestic market. Tiger Airways, a budget affiliate of Singapore Airlines, is planning to advance into Korea by joining forces with the city of Incheon.
