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