The two major players in Korea try to defend the Market as much as possible. KAL started a own "LCC" but the success is in doubt with the attitude of the people involved. None of them has a real LCC expirience. Same as the Devil talks about the Church, never stepped into one but knows all. Watch the place. Jeju Air got the B737-800 to operate.......
The KMOCT and the CASA interfeere too much into the daily operation and the development of the Airlines is not on a business based ground. To turn a operation profitable is difficult for all 4 LCC´s in Korea as they operate a too small numbers of Airplanes.
Fly safe and land happy
NG