From 11-Jun-2011 to 16-Jul-2011, Korean Air’s daily service from Seoul Incheon (ICN) to the French capital will be supplemented with a twice daily service on Saturdays, taking the carrier’s total frequency on the ICN-CDG route to eight times a week. B747-400 aircraft configured with 333 seats will be used.
The number of flights will be increased further in Jul-2011, bringing Korean Air’s ICN-CDG frequencies to 10 weekly flights. From 22-Jul-2011 to 25-Sep-2011, flights KE903/904 will increase to three times a week, with the carrier introducing two further services. These additional flights will be served by B777-200ER equipment. The airline’s KE901/902 flights will continue to operate their daily service, utilising both the B777-200ER (Mon, Fri) and the B777-300ER (Tue, Wed, Thu, Sat, Sun).
Korean Air will deploy its newest aircraft, the A380 on the ICN-CDG sector every Monday, Wednesday and Friday from 26-Sep-2011. The aircraft is configured in a three-class layout with just 407 seats, the lowest configuration of any A380 operator.
The capacity increases will raise Korean Air's share of the Korea-France market from 44% at present to more than 48% this August. SkyTeam partner Air France has a 42% capacity share, according to Innovata. Asiana Airlines has just over 14% of the market.
South Korea to France capacity (seats per week, one way, 30-May-11 to 4-Dec-11)
Korean Air's shares gained 0.9% yesterday, while Asiana rose 1.1%.
Selected Asia Pacific airlines' daily share price movements (% change): 14-Jun-2011
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