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INCHEON AIRPORT TO OFFER FINANCIAL SUPPORT TO SEVEN SOUTH KOREAN AIRLINES
May 18, 2020
Incheon International Airport Corporation (IIAC) announced its plans to offer approximately KRW50 billion (US$ 41 million) in financial support to Korean Air, Asiana Airlines, Air Busan, Air Seoul, JEJU Air, Jin Air and T'way Air, to aid their recovery from the impact of the coronavirus.
Incheon International Airport Corporation said it will also offer airlines a 100% discount on landing fees for late-night aircraft movements at Seoul Incheon International Airport, as well as enhancing incentives for the launch of new routes.
IIAC said it will also offer financial rewards for recovery of passenger traffic at Seoul Incheon.