Korean Air to establish new low cost airline
5 June 2007Korean Air has confirmed that it is to launch a new low cost carrier within the next 3 years.
Since 2005, Korean Air organized a special task force to study the feasibility of operating its own low cost carrier. For the new airline, Korean Air is considering using one of its Hanjin Group affiliates, Korea Airport Service, which has charter flight operation experience, rather than setting up a new company. Korean Air is part of the Hanjin Group, one of the world’s largest transportation conglomerates.
source: asiatraveltips.com