Shortcut to Body Shortcut to main menu

Invest Korea

Search

Investment News

  • Home
  • Information Center
  • Newsroom
  • Investment News
Air Traffic in 1H Reaches Record High
Date
2013.07.18
Views
1180

The Ministry of Land, Infrastructure and Transport (MOLIT) announced that air traffic, including international passengers and logistics, in the first half of this year increased by 5 percent over the same period last year, at 285,000 flights.

It is a record high for the first half of a year.

Except in 2005, when oil prices were high, and 2009, when the global economic crisis worsened, air traffic in the first half of the year has grown continuously, showing 5 percent annual growth for the last ten years.

The number of international flights in the first half rose by 9.64 percent from last year’s 153,000, reaching 167,000 this year. This is due to increased demand for domestic and international flights.

The number of domestic flights stayed at the same level as that of last year, at 99,000.

Traffic at Incheon International Airport, which has the most number of international flights, showed 10 percent growth at 135,000 flights, and traffic at Jeju Airport increased by 3.88 percent.

The peak time in the first half of this year was 10 a.m., with 129 flights per hour on average. At Incheon International Airport, 8 p.m. was the busiest time, with 52 flights on average.

A MOLIT official noted that growth in air traffic is likely to continue, backed by economic growth and demands for flights to Northeast Asia.


Source Text

Source: Yonhap News (July 12, 2013)

** This article was translated from the Korean.

Meta information