30-Mar-2010 10:24 AM

South Korean carriers see improved demand for 2Q2010

Korean Air's overall reservation rate for international services in Apr-2010 reportedly reached 80% as of 26-Mar-2010, with reservation rates of 93% on Southeast Asian routes, 79% on US routes and 82% on routes to Europe (Chosun, 29-Mar-2010). The carrier reported load factors in the 80% range in 1Q2010. Meanwhile, Asiana Airlines' reservation rate of over 80% for Apr-2010 reportedly represents its highest in recent years. Approximately 87% of seats on flights to the Americas are booked, with 83% on flights to Australia, 84% for Southeast Asia and 80% for Japan. Meanwhile, Jeju Air reportedly has an average reservation rate of 75% for international services in Apr-2010, with the carrier expecting improved performance from 1Q2010 levels.