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South Korea, Singapore agree to abolish fare restrictions; allow codeshare with 3rd country airline

7-Nov-2013 11:25 AM

South Korea’s Ministry of Land, Infrastructure and Transport stated (06-Nov-2013) South Korea and Singapore have agreed to authorise their respective flag carriers codeshare with those of third countries, further liberalising air travel between the two nations. Both countries also agreed to allow their flag carriers to set their own ticket prices instead of having to seek approval from their respective governments. The agreement was reached following two day air talks between 04-Nov-2013 to 05-Nov-2013. The ministry stated the new codeshare with airlines of third countries will provide “additional convenience to passengers in choosing their flight schedule while also helping improve the profitability of the countries' airlines.” The following carriers operate passenger services between South Korea and Singapore. Details include: