The South Korean government has granted approval for three new LCCs to enter service, although two others have had their applications rejected. Korea’s ministry of land, infrastructure and transport (MOLIT) was considering four passenger LCCs and one cargo carrier in the latest round of airline startup applications. The carriers that won approval  were Aero K, Air Premia and Fly Gangwon. The unsuccessful applicants were Air Philip and the cargo LCC. The Korean government has ...

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