Nambu Air
About
Nambu Air was the tentative name for a Korean start-up that was to be based in South Gyeongsang Province. With registered capital of KRW100 billion (USD86.7 million), the provincial government planned to launch Korea's seventh LCC in 2017. Approximately 10% of the investment was expected to come from the local government with the remaining 90% to come from five other companies. A revised launch date has not been advised, it is assumed that the carrier has abandoned plans to launch operations.
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