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The four largest airline participating in Essential Air Service contracts, TOP: Southern Airways Express C208, Cape Air C402 ; BOTTOM. Boutique PC12 , SkyWest CRJ200 (Photo: AirlineGeeks | Joey Gerardi)

Essential Air Service: What It Is and Why It's Needed

Every year, people around the country pay their taxes and begin to complain about which government programs are necessary and which are not. And every year the same question comes up: why does the government shell out millions of dollars in federal aid to airlines in order to fly — in some cases empty aircraft — to cities nobody has ever heard of? Because it’s essential. History of EAS Essential Air Service has played an interesting role in this country…

April Brings Renewed Life for Korean Aviation

The aviation industry in South Korea has seen a silver lining in spite of the country's fourth wave of coronavirus. AeroK, the brand-new Cheongju-based airline, will operate three flights each day between Cheongju to Jeju with its A320 starting on April 15. “Operation of our first scheduled flight had to…

Aviation-Centered Mergers and Acquisition in South Korea Slow to a…

With COVID-19 raging throughout the world, the aviation industry has experienced its longest battle in decades. In South Korea, mergers and acquisitions have halted since the pandemic began, a development that has proven particularly impactful for the aviation industry and those looking to take part in it. HDC Hyundai Development…

Korean Carriers Seek Financial Support from Government

With the coronavirus pandemic raging through the world, the aviation industry is facing unprecedented times. South Korea, one of the hotspot outside China in Asia, could experience a nightmare scenario. The Korea Civil Aviation Association (KCA) demanded the government offer a bailout package to airlines amid the unparalleled crisis.  KCA…

Jeju Air Suspends Eastar Jet Purchase

Jeju Air, the largest budget carrier in South Korea, suspended its purchase of Eastar Jet, another low-cost carrier in Korea, due to the latest financial situation. According to Korean local media, Seok-Joo Lee, Chief Executive of Jeju Air stated if the current condition doesn’t improve, the industry leader would have…

Chaebol Conquest: A Look at Korean Aviation

While many western companies have seen the rise of corporate conglomerates since the 1990s, the South Korean market has had a long history of Korean conglomerates, which are locally called chaebols, dominating the market. As to be expected, the aviation industry is no stranger to chaebols, with the top three…