Fly in the ointment

Article Abstract:

South Korea's airlines are involved in a fight for passengers and new routes. The battle has resulted in losses for Asiana Airlines and a decline in profit in Korean Air. The government is caught in the middle of the two airlines' battle as investments and loans were made to the airlines by two government banks. Additionally, both airlines are unhappy over a set of rules formulated by the government in 1990. The rules concern the routes open to the airlines.

South Korea, Korean Air Lines Company Ltd., Asiana Airlines, Korea, South

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Dogfight over Asia

Article Abstract:

Japanese and US airlines are locked in a dispute over the latter's share of the Asian-Pacific market. At issue is the fifth-freedom rights of US carriers, or the right to pick up passengers en route to their final destination. While Japan has an overall trade surplus with the US, the situation is reversed in the air travel market. Most Asian governments also feel that US airlines have too big a market share.

Air transportation, scheduled, Industry Overview, Asia, Transportation

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Shake-up in the air

Article Abstract:

Vietnam Airlines is facing local competition for the first time from the newly established Pacific Airlines. The resumption of air links between Taiwan and Vietnam, on the condition that no flag carrying airline would be used, led to the establishment of Pacific Airlines. This small new airline intends to compete with the flag carrying Vietnam Airlines by ensuring better passenger services.

Vietnam Airlines Corp., Pacific Airlines

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