Loading

AirAsia Korea

Low Cost Carrier
Failed to Launch
IATA: n/a
ICAO: n/a
Main hub:
Country: South Korea

About

AirAsia Korea was a proposed venture by AirAsia Group to establish a new South Korean subsidiary. AirAsia filed an application with several investor in 2013, with plans of launching domestic and international flights from an unspecified base. AirAsia Group said it plans to hold a 25% stake in the start-up, as foreign investment restrictions in South Korea means AirAsia will not be able to hold more than 50% stake in the carrier. However, in 2014 South Korea MLIT introduced a decree prohibiting local carriers to develop low-cost ventures with foreign investors. The new law blocked AirAsia's proposed affiliate and effectively terminated negotiations.

CAPA Profiles

CAPA Profiles help you identify new business opportunities and make better business decisions, by providing accurate and up-to-date data on airports, airlines, suppliers, investors, MROs, lessors and countries around the world. Each profile offers comprehensive news and analysis, as well as the ability to drill down into data on schedules, capacity share, fleet, traffic, financial results and more.

Become a CAPA Member

Our full profiles are only available to CAPA Members. CAPA Membership provides exclusive access to the information you need to monitor the competitive landscape and guide your organisation towards success.

It’s ideal for industry analysts, managers and executives who need a snapshot of the latest news, analysis and data from our global team, with the ability to export or email PDF reports in one click.

  • 5000+ airports
  • 3000+ airlines
  • 1600+ suppliers
  • 800+ airport investors
  • 250+ countries and regions
  • And more

CAPA Membership also gives you access to a customised selection of more than 400 global News Briefs every weekday, as well as a comprehensive Data Centre, Analysis Reports and Research Publications. You can also choose from our range of premium add-ons, including MRO Matrix, Route Maps, Fleet Data and more.