Korean Air saw 5.5 % Passenger Growth in May
Korean Air reported a 5.5 per cent growth in passenger traffic in May, thanks to increasing capacity to China, Europe and the US.
Revenue passenger kilometers (RPK) – a unit to measure distance flown by paying passengers – grew to 4.039 billion in May. Despite a drop in domestic traffic and slowing passenger flow to Japan and Souteast Asia, passenger traffic between Korea and China jumped 32 per cent year on year to 204.4 million RPK last month. The capacity between the two Asian countries also rose 14.5 per cent to 292.5 million ASK (available seat kilometers).
“We see a strong growth in China, thanks to the substantial capacity increase between Korea and China,” said Mr. Jong hee Lee, the president and COO of Korean Air.
June 30, 2005
Posted in: Airlines & Railways