South Korean LCCs Aspire To Long-haul Overseas Routes | Aviation International News

South Korean LCCs Aspire To Long-haul Overseas Routes

To compete in a crowded market they are also emphasizing product differentiation.

Jeju Air has plans to add eight aircraft to secure a larger share of the market and is modifying its loyalty program to attract customers, as it faces competition from other South Korean LCCs. (Photo: Mainbayer Badarch)

By Mainbayar Badarch

August 17, 2018

South Korean low-cost carriers (LCCs) have grown quickly over the last seven years. In 2011 they accounted for 4.3 percent of international flights and have increased that number to more than 20 percent. Currently, six LCCs operate with a fleet of 125 aircraft.

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