Budget airlines cut 900 round-trip flights, implement other cost-cutting measures amid soaring oil prices

South Korean low-cost carriers have cut 900 round-trip flights, and introduced unpaid leave and other emergency measures as the ongoing conflict in the Middle East has driven up fuel prices, industry officials said Sunday. The flight cuts came as jet fuel prices surged following the US-Iran conflict. As some airlines have yet to finalize their June schedules, the number of flight reductions is expected to increase further, according to the officials. Jeju Air Co., South Korea's largest budget ai

By The Korea Herald