Aero K seeks approval as new South Korean LCC

South Korean LCC Aero K aims to launch operations later this year if it wins approval during the govt’s upcoming selection process for start-up airlines. The govt is expected to approve at least 1 new airline from among several LCC applicants, with a decision due by the end of February. In addition to Aero K, the proposed LCCs include Air Premia, Air Philip and Fly Gangwon. A new cargo LCC has also applied for a license, but the govt is expected to consider that request separately from the passenger airlines. This is the second time Aero K has sought govt approval. The carrier’s first application was turned down in Dec 2017 because of regulators’ concerns about excess competition in the South Korean market. An application by Fly Gangwon was also rejected in 2017. <br/>
ATW
https://atwonline.com/airlines/aero-k-seeks-approval-new-south-korean-lcc
2/20/19