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Philippines-South Korea aviation: rapid growth driven by LCCs, tourism

Analysis

South Korea has emerged as the largest international market from the Philippines and the largest source market for the Philippine tourism industry. South Korea has helped drive rapid growth in international traffic from the Philippines this decade along with rapid visitor growth.

South Korean visitor numbers to the Philippines have tripled over the past eight years. More than 1.6 million South Koreans now visit the Philippines annually.

While five Philippine airports are connected with South Korea, Manila and Cebu dominate the market. The Cebu-South Korea market has particularly grown rapidly, and South Korea now accounts for 60% of total international traffic at Mactan-Cebu, the Philippines' second largest airport.

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