And how much they're gonna receive...The Korean economy is on the verge of another economic fall. I was reading that Hyndai was planning on laying-off 100 000 employees (gasp). It seems no lessons were learned from their '97-'98 economic tumble.
Anyways, I disagree with the thread’s author’s statement that the Korean airliners are struggling as opposed to their counterparts. Korean Air actually has a great reputation for service and their fares are generally much lower than their competitors to flights to Asia. I know many Japanese who use Korean or Asiana and connect via Seoul to get to Japan rather than take a direct flight to Narita. Why? Because it’s much, much cheaper.
Furthermore, have any of you tried booking a flight to Seoul, especially during the summer? Asiana’s flights are booked solid months in advance, especially from their North American departure points. Korean Air is much the same. When I was living in Canada, I tried booking a flight last summer to Seoul to visit my “hyung”.
Nothing, nada, zip. Everything was booked solid for the whole summer. And this is during high season too. I’m planning on heading over to Korea next summer to try and visit my “hyung”. I guess I’ll have much the same to look forward too.
Lastly, Koreans have such strong nationalistic pride, often at xenophobic proportions, that they’ll do anything and everything to support something that has even the slightest semblance of being Korean. Airlines included. They’ll fly KE and OZ first rather than anything else.
Here’s an aside, my cousin is married to a Korean girl. He’s been back and forth to Korea several times with OZ (JFK-SEL). He loved it and flies them exclusively. He said the flights were packed. North America-Korea is a very popular route. I wouldn’t be able to comment much about Europe-Korea.