Seoul Incheon (ICN) is discounting landing fees in an aggressive marketing campaign aimed at attracting new airlines to South Korea’s main international airport. ICN is offering a 100% discount on landing fees for new carriers in their first year of operation at the airport, followed by 75% off in the second year and a 50% reduction in year three. ICN executive VP Young-Geun Lee told ATW that the airport generated $1.1 billion in revenue in 2011. He said that 65% of the ...

Subscribe to Access this Entire Article

"Seoul Incheon discounts landing fees to attract new airlines" is part of ATW Plus, our online premium membership. Subscribing will provide you access to exclusive news, carefully researched airline financial, fleet and traffic data, plus the option to receive our popular, award-winning print magazine. To learn more, click here. If viewing via ATW Mobile, please login and click "Read web article" to view fully. Questions? ATWPlus@penton.com.