4-Mar-2021 8:33 AM
South Korea MOLIT extends slot usage and airport fee waivers
South Korea's Ministry of Land, Infrastructure and Transport (MOLIT) confirmed (03-Mar-2021) plans to extend its policy of not reclaiming slots and traffic rights from airlines who fail to utilise the slots or traffic rights in 2021, due to the continued impact of the coronavirus pandemic on air travel. MOLIT also plans to temporarily reallocate international slots at South Korean airports assigned to foreign airlines to South Korean airlines, in cases where the foreign airline is not utilising the slots. The reallocated slots will be utilised for domestic services. In addition, MOLIT extended airport usage fee waivers and delayed payments for airlines until Jun-2021. [more - original PR - Korean]