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Hansung - Korea

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Old 21st Oct 2008, 00:11
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ZFT
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Hansung - Korea

Have Hunsung gone to the wall or are they still operating?

All communications seem to have dried up.
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Old 21st Oct 2008, 04:09
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They have stopped their operation atm and looking for investor or company to take over the airline. All other LCC's in korea are having very difficult time and never know who is going to survive. I hope they re-start their operation soon.
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Old 21st Oct 2008, 11:49
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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
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