mba’s STAR Fleet Analyzes Aviation in South Korea

South Korea Aviation Market Snapshot

Powered by mba’s REDBOOK STAR Fleet

Leading up to the 2nd Annual Korea Airfinance Conference, mba generated a brief analysis of the Aviation Market in South Korea using data from REDBOOK’s recently launched STAR Fleet.

Here are some of the insights derived from the report:

  • Currently 396 aircraft are operated by South Korean carriers
  • Half of all aircraft operated in South Korea are leased
  • 75% of the country’s fleet is operated by the top three carriers
  • In 2017, there were 368K frequencies and 76.9M seats (each way) recorded in South Korea