12-Apr-2012 9:46 AM

South Korea and The Philippines expand bilateral air services agreement

South Korea and The Philippines announced (10-Apr-2012) plans to expand the bilateral air services agreement between the two countries amid growing travel demand in the region and following negotiations held over 02/03-Apr-2012. Under the revised agreement, both sides agreed to increase services by 50%. Previously each side was permitted to operate 19,000 seats per week to any point in the other country, with the new agreement increasing this entitlement to 28,500 seats per week. South Korea is one of the 10 “priority countries” the Government wants to have increased connectivity with, the Philippines' Civil Aeronautics Board (CAB) said. About half of the previous entitlements are operated out of Manila, although local airlines already have services to South Korea from secondary points like Cebu, Clark, Caticlan and Kalibo. Local airlines that have flights to South Korea are Philippine Airlines, Cebu Pacific and Zest Air. Airlines from South Korea that fly to the Philippines include Asiana Airlines and Jin Air. The new agreement is part of the Philippines Government's plan to increase tourist arrivals into the nation from three million in 2010 to 10 million by 2016. South Korea is currently the Philippines' largest source of foreign tourists, with CAB estimating "the number of South Koreans coming to the Philippines this year to reach more than a million," marking around a 10% year-on-year increase. [more - original PR]

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