Korean Air has reported that the average number
of reserved seats on its international routes in September 2009 is
up 21% from the same period last year whereas overall supply of
seats has increased 9%.
Japan has seen the biggest increase in
demand for seats at 59%, followed by the Americas at 12%, Europe 10%,
Southeast Asia 7% and Oceania 6%. Demand for seats to China in the
month of September is flat when compared to the same month last year.
numbers of both business and leisure travelers on Korean Air have been
increasing since July as the world economy seemed to begin to stabilizing.
Overall international passenger traffic rose 5% and 9% in July and
August when compared to the same months last year.
An easing in
concerns surrounding the swine Flu (H1N1) has also helped rekindle
demand for air travel.
On routes to
and from Japan, in particular, a string of public holidays in the
country from September 19 to 23 has put shine on Japanese outbound
“For Korea, increased demand in outbound
and inbound travel and a growing number of transit passengers are
expected to drive steady growth in overall demand for
international air travel in the latter half of this year,”
said Korean Air President and COO Jong-Hee Lee.
Korean Air recently reported a net
profit in the 2nd quarter of 2009. Helped by lower fuel prices and a
stronger won against the dollar, the airline posted a net profit of 78.5
billion won ($63 million) for the three month period.
International Passenger Reservations in September
2009 (based on number of
passengers compared to September 2008)
Japan + 59%
SE Asia +7%
The Americas +12%
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