Korean Air stated (25-Aug-2009) it expects an increase in international passenger traffic in Sep-2009. According to the airline, the average number of sold seats on international routes in Sep-2009 has increased 21% year-on-year, with overall capacity increasing 9%. Japan has seen the largest increase in demand for seats at +59%, followed by Americas (+12%), Europe (+10%), Southeast Asia (+7%) and Oceania (+6%). Demand to China is flat from last year. The numbers of both business and leisure travelers have been increasing since Jul-2009, with overall international passenger traffic increasing 5% and 9% year-on-year in Jul-2009 and Aug-2009, respectively. [more]
Korean Air: “For Korea, increased demand in outbound and inbound travel and a growing number of transit passengers are expected to drive steady growth in overall demand for international air travel in the latter half of this year,” Jong-Hee Lee, President and COO.