17-May-2010 11:26 AM

South Korean LCC market share reaches 34.2% in 1Q2010

South Korea’s Ministry of Land, Transport and Maritime Affairs reports South Korean LCCs had a domestic market share of 34.2% for the three months ended Mar-2010 (Yonhap News, 16-May-2010). The Ministry stated it is the highest level since the first LCC commenced domestic services in 2005.