Air Busan reports revenues of USD22 million in 1H2009; to increase in 2H2009

Air Busan, which launched operations in Oct-2008, reportedly revenues of KRW27.3 billion (USD22.3 million) in 1H2009, with the carrier expecting to achieve its annual revenue target of KRW73 billion (heraldm.com/joongangdaily, 10-Aug-09). To achieve this target, Air Busan aims to increase load factor on services between Busan and Gimpo and Busan and Jeju.