Ishrion wrote:

Full livery:



https://twitter.com/JenSchuld/status/13 ... 6238330880

Capricorn wrote:

While delaying an AOC simply out of fear of creating oversupply is definitely not acceptable, I still think the government has point in this case. Korea got to be one of the most oversupplied marked out there, especially domestically. And neither does it help that the carriers of its next door neighbour China oversupply the marked with cheep overcapacity. But I guess some investors out there seem to see some potential in that market.

Capricorn wrote:

While delaying an AOC simply out of fear of creating oversupply is definitely not acceptable, I still think the government has point in this case. Korea got to be one of the most oversupplied marked out there, especially domestically. And neither does it help that the carriers of its next door neighbour China oversupply the marked with cheep overcapacity. But I guess some investors out there seem to see some potential in that market.

c933103 wrote:

https://www.thescoop.co.kr/news/articleView.html?idxno=41270
On the news it is noted that Koream government still haven't issued AOC to Air Premia (together with Aero K), exceeding the usual processing time.
The article noted that the ongoing pandemic have caused an oversupply situation among airlines in Korea and the government might be intentionally delaying the AOC issuance to not flood the market, but such delay is costing the two carriers billions of Won damage each month, and that the Korean rule also require new carrier to start service within two years after the initial acquisition of operation permit which will be by 2021 March for the two airlines, if they still have no AOC and thus cannot launch flight by then their permit would be cancelled.

c933103 wrote:

Capricorn wrote:

While delaying an AOC simply out of fear of creating oversupply is definitely not acceptable, I still think the government has point in this case. Korea got to be one of the most oversupplied marked out there, especially domestically. And neither does it help that the carriers of its next door neighbour China oversupply the marked with cheep overcapacity. But I guess some investors out there seem to see some potential in that market.

When the article mebtioned 90%+ load factor before this year, and while dropped but still maintaining at 70%+ now, I don't think it's really that oversupplied.

aviationjunky wrote:

Correct me if I'm wrong, but they still haven't announced official routes or official service dates, correct? I went to their website and couldn't find anything.

LAXintl wrote:

DOT yesterday issued final approval of Air Premia's foreign air carrier permit and exemption to serve the U.S.

OST-2021-0085

wedgetail737 wrote:

LAXintl wrote:

DOT yesterday issued final approval of Air Premia's foreign air carrier permit and exemption to serve the U.S.

OST-2021-0085

Good timing...on the heels of the Korean Air/Asiana merger (if it truly goes through) slated for this year.

planemanofnz wrote:

wedgetail737 wrote:

LAXintl wrote:

DOT yesterday issued final approval of Air Premia's foreign air carrier permit and exemption to serve the U.S.

OST-2021-0085

Good timing...on the heels of the Korean Air/Asiana merger (if it truly goes through) slated for this year.

But what if the merger doesn't go through? Isn't that somewhat of a risk?

RoyalBrunei757 wrote:

planemanofnz wrote:

wedgetail737 wrote:

Good timing...on the heels of the Korean Air/Asiana merger (if it truly goes through) slated for this year.

But what if the merger doesn't go through? Isn't that somewhat of a risk?

All the current signs are positive with regard to the merger, several countries have approved the merger, while seven others are still pending. The Korea Fair Trade Commission (KFTC) has also indicated they may approve on condition that some slots are returned and traffic rights are redistributed so that these can be given to domestic low-cost carriers. This is where T'Way and Air Premia fall in. https://asianaviation.com/s-korea-trade ... ir-merger/

planemanofnz wrote:

wedgetail737 wrote:

LAXintl wrote:

DOT yesterday issued final approval of Air Premia's foreign air carrier permit and exemption to serve the U.S.

OST-2021-0085

Good timing...on the heels of the Korean Air/Asiana merger (if it truly goes through) slated for this year.

But what if the merger doesn't go through? Isn't that somewhat of a risk?