South Korea: Govt unveils additional support to virus-hit airlines
South Korea on Wednesday unveiled another set of measures to support airlines hit hard by the COVID-19 pandemic in the latest move to help airlines stay afloat during the crisis. The government will continue to reduce the airport usage fee for the airlines until June, the Ministry of Land, Infrastructure and Transport said, adding the fee will be lowered by 45.7b won (US$40.6m). The ministry said it will later consider whether to extend the fee reduction again by taking into account air travel demand. "Through this additional support measure, I expect our airline industry will keep its employees and improve corporate competitiveness until air travel demand recovers," Transport Minister Byeon Chang-heum said. <br/>
https://portal.staralliance.com/cms/news/hot-topics/2021-03-04/general/south-korea-govt-unveils-additional-support-to-virus-hit-airlines
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South Korea: Govt unveils additional support to virus-hit airlines
South Korea on Wednesday unveiled another set of measures to support airlines hit hard by the COVID-19 pandemic in the latest move to help airlines stay afloat during the crisis. The government will continue to reduce the airport usage fee for the airlines until June, the Ministry of Land, Infrastructure and Transport said, adding the fee will be lowered by 45.7b won (US$40.6m). The ministry said it will later consider whether to extend the fee reduction again by taking into account air travel demand. "Through this additional support measure, I expect our airline industry will keep its employees and improve corporate competitiveness until air travel demand recovers," Transport Minister Byeon Chang-heum said. <br/>
