• Journal of the Korean Society for Aviation and Aeronautics
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• v.22 no.4
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• pp.15-24
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• 2014

Low Cost Carrier(LCC)s in Asia Pacific market are expected to record high growth due to the expansion of Open Sky Policy among Korea, Japan, China and South East Asia. As everybody is aware of, LCC is not only saving flight cost but also creates differentiating business model by reducing unnecessary services such as F&B and in-flight duty free sales services. Booming LCCs in Asian market will cause not only Incheon airport but also other local airports in Korea to compete heavily to attract LCCs. For example, Air Asia Group with more than 200 fleet has expanded its alliance network throughout Asia. Therefore this paper has researched a new business model operating a LCC terminal for the hub airport competitiveness. According to analysis result of case study, it was found out, considering increasing airline demand next decade, Incheon airport and other domestic airports in Korea had better change an existing terminal into a LCC Terminal(LCCT) to differentiate airport services and expand its hub network. That is because of economic feasibility, first of all, of securing hub and spoke networking capabilities with airlines and finally of developing commercial facilities customizing LCC passengers' demand.

• Journal of the Korea Convergence Society
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• v.10 no.8
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• pp.165-170
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• 2019

According to the statistics of the Ministry of Land Transport and Transportation in 2018, the average annual average number of air traffic users for has increased by 5.07% for domestic flights and 8.84% for international flights. Korea is facing a steady rise in demand from foreign tourists due to the Korean Wave. At the same time, a new lifestyle that values the quality of life of individuals is taking root, along with the emergence of LCC, and Korean tourists' overseas tours are also increasing, so improvement and expansion of domestic airport passenger terminals is urgently needed. it is important to develop a structured airport infrastructure by making efficient and accurate forecasts of aviation demand. in this study, based on the Big Data, long-term domestic and international demand forecasts for urban airports were conducted.. Domestic flights will see a decrease in the number of airport passengers after 2028, and international flights will continue to increase. It is imperative to improve and expand passenger terminals at domestic airports.