South Korea's traffic reaches record 1H2010, LCCs market share now 34%
South Korea’s Ministry of Land, Transport and Maritime Affairs reported air passenger and cargo traffic reached record levels in 1H2010, with international passenger numbers increasing 20% year-on-year to 19.2 million, exceeding the previous record set in 1H2008 of 18.4 million (CAAC-News, 23-Jul-2010). Details include:
- Passenger numbers:
According to the ministry, the country’s LCCs transported 3.4 million passengers during the period, 1.7 times more than 1H2009, increasing their market share from 23.3% to 34%.