Air Busan
Encyclopedia
Air Busan Co., Ltd. is a regional airline with its headquarters in Beomcheon-dong, Busanjin-gu
, Busan
, South Korea
. It is a subsidiary of Asiana Airlines
. The airline began its operation in 2007 as Busan International Airlines Company (부산국제항공,Busan Gukje Hanggong); it launched service on October 2008.
Since the launch of its business, on the Seoul
- Busan
route, Air Busan filled 49.7 percent of its seats, while its competitor on the same route, Korean Air
had 61.2 percent. About five months later in March 2009, however, Air Busan's boarding rate exceeded that of its competitor, 54.7 percent to 54.1 percent. For the Busan
-Jeju
route, Air Busan is also taking the lead, filling 77.7 percent of its seats. The airline has code-share operation with its parent company Asiana
for the 4 routes.
and Jeju
and Busan
-Cebu
, Hong Kong
, Taipei
, Tokyo
as a hub. Routes served are:
with the following airline (at May 2010):
Busanjin-gu
Busanjin-gu is a gu in central Busan, South Korea. It has an area of 29.7 km², and a population of about 410,000. The name is sometimes abbreviated locally as "Jin-gu"...
, Busan
Busan
Busan , formerly spelled Pusan is South Korea's second largest metropolis after Seoul, with a population of around 3.6 million. The Metropolitan area population is 4,399,515 as of 2010. It is the largest port city in South Korea and the fifth largest port in the world...
, South Korea
South Korea
The Republic of Korea , , is a sovereign state in East Asia, located on the southern portion of the Korean Peninsula. It is neighbored by the People's Republic of China to the west, Japan to the east, North Korea to the north, and the East China Sea and Republic of China to the south...
. It is a subsidiary of Asiana Airlines
Asiana Airlines
Asiana Airlines Inc. is one of South Korea's two major airlines, along with Korean Air. Asiana has its headquarters in Asiana Town in Osoe-dong, Gangseo-gu, Seoul...
. The airline began its operation in 2007 as Busan International Airlines Company (부산국제항공,Busan Gukje Hanggong); it launched service on October 2008.
Since the launch of its business, on the Seoul
Seoul
Seoul , officially the Seoul Special City, is the capital and largest metropolis of South Korea. A megacity with a population of over 10 million, it is the largest city proper in the OECD developed world...
- Busan
Busan
Busan , formerly spelled Pusan is South Korea's second largest metropolis after Seoul, with a population of around 3.6 million. The Metropolitan area population is 4,399,515 as of 2010. It is the largest port city in South Korea and the fifth largest port in the world...
route, Air Busan filled 49.7 percent of its seats, while its competitor on the same route, Korean Air
Korean Air
Korean Air Lines Co., Ltd. , operating as Korean Air, is both the flag carrier and the largest airline of South Korea, with global headquarters located in Seoul, South Korea. Korean Air's international passenger division and related subsidiary cargo division together serve 130 cities in 45...
had 61.2 percent. About five months later in March 2009, however, Air Busan's boarding rate exceeded that of its competitor, 54.7 percent to 54.1 percent. For the Busan
Busan
Busan , formerly spelled Pusan is South Korea's second largest metropolis after Seoul, with a population of around 3.6 million. The Metropolitan area population is 4,399,515 as of 2010. It is the largest port city in South Korea and the fifth largest port in the world...
-Jeju
Jeju City
Jeju is the capital of Jeju province in South Korea and the largest city on the island of Jeju. Its geographical location is . The city is served by Jeju International Airport ....
route, Air Busan is also taking the lead, filling 77.7 percent of its seats. The airline has code-share operation with its parent company Asiana
Asiana Airlines
Asiana Airlines Inc. is one of South Korea's two major airlines, along with Korean Air. Asiana has its headquarters in Asiana Town in Osoe-dong, Gangseo-gu, Seoul...
for the 4 routes.
2007
- July—Launched the committee to establish Busan International Airlines Co., Ltd.
- August—Established Busan International Airlines Co., Ltd.
2008
- February—Changed the corporate name to Air Busan Co., Ltd.
- Signed the investment agreement with the city of Busan and Asiana Airlines
- April—Signed the agreement to purchase aircraft (5 B737s)
- May—The city of Busan decided to be the shareholder of Air Busan
- The first recruitment of new and experienced staff
- June—Acquired a license for regular air transportation
- August—The second recruitment of new and experienced staff
- October—Opened the reservation center and the homepage
- Established branches at Gimpo airport and Jeju international airport;
- Took delivery of its 2nd B737-500 aircraft
- Began flight between Busan and Gimpo
- November—Took delivery of its 3rd B737-500 aircraft
- December—Began flight between Busan and Jeju
2009
- February—The third recruitment of new and experienced staff
- March—Signed the business agreement with Busan Metropolitan City Office of Education
- Took delivery of its 4th B737-400 aircraft
- Expanded flights between Busan and Gimpo to 28 per day
- April—Signed the business agreement with Busan I’Park
- Took delivery of its 5th B737-400 aircraft
- Signed the business agreement with BEXCO
- June—Expanded flights between Busan-Jeju to 20 per day
- (the number of flights between Busan-Gimpo increased from 28 to 30)
- August—Signed the business agreement with Jeju Chamber of Commerce and Industry
- The number of flights reached 10,000 mark within 299 days of operation
- September—The number of passengers exceeded 1 million
- October—The first anniversary of operation
- November—Received the Best Service Innovation Award, presented by the Korea Management Association (KMA)
2010
- February—Took delivery of its B737-400 aircraft
- March—Began flight between Busan and Fukuoka
- April—The number of passengers exceeded 2 million
- Began flight between Busan and Osaka
- May—Won the 2010 Korea Prestige Brand Award
- July—Busan-Tokyo(Narita) charter flights began to operate
- September—The number of passengers exceeded 3 million
2011
Took delivery of its first Airbus aircraft, A321-200 (HL8213)., began flights between SeoulSeoul
Seoul , officially the Seoul Special City, is the capital and largest metropolis of South Korea. A megacity with a population of over 10 million, it is the largest city proper in the OECD developed world...
and Jeju
Jeju City
Jeju is the capital of Jeju province in South Korea and the largest city on the island of Jeju. Its geographical location is . The city is served by Jeju International Airport ....
and Busan
Busan
Busan , formerly spelled Pusan is South Korea's second largest metropolis after Seoul, with a population of around 3.6 million. The Metropolitan area population is 4,399,515 as of 2010. It is the largest port city in South Korea and the fifth largest port in the world...
-Cebu
Cebu
Cebu is a province in the Philippines, consisting of Cebu Island and 167 surrounding islands. It is located to the east of Negros, to the west of Leyte and Bohol islands...
, Hong Kong
Hong Kong
Hong Kong is one of two Special Administrative Regions of the People's Republic of China , the other being Macau. A city-state situated on China's south coast and enclosed by the Pearl River Delta and South China Sea, it is renowned for its expansive skyline and deep natural harbour...
, Taipei
Taipei
Taipei City is the capital of the Republic of China and the central city of the largest metropolitan area of Taiwan. Situated at the northern tip of the island, Taipei is located on the Tamsui River, and is about 25 km southwest of Keelung, its port on the Pacific Ocean...
, Tokyo
Tokyo
, ; officially , is one of the 47 prefectures of Japan. Tokyo is the capital of Japan, the center of the Greater Tokyo Area, and the largest metropolitan area of Japan. It is the seat of the Japanese government and the Imperial Palace, and the home of the Japanese Imperial Family...
Destinations
Air Busan started operations on October 27, 2008, using Gimhae International AirportGimhae International Airport
Gimhae International Airport is located on the western end of Busan, South Korea. It opened in 1976. A new international terminal opened on October 31, 2007. Gimhae International Airport is the main hub for Air Busan...
as a hub. Routes served are:
- China
- Hong Kong International AirportHong Kong International AirportHong Kong International Airport is the main airport in Hong Kong. It is colloquially known as Chek Lap Kok Airport , being built on the island of Chek Lap Kok by land reclamation, and also to distinguish it from its predecessor, the closed Kai Tak Airport.The airport opened for commercial...
- Hong Kong International Airport
- Japan
- FukuokaFukuokaFukuoka most often refers to the capital city of Fukuoka Prefecture.It can also refer to:-Locations:* Fukuoka, Gifu, a town in Gifu Prefecture, Japan* Fukuoka, Toyama, a town in Toyama Prefecture, Japan...
- Fukuoka AirportFukuoka Airport, formerly known as Itazuke Air Base, is an international and domestic airport located east of Hakata Station in Fukuoka, Japan. It is officially designated a second class airport. It is operating at full capacity, and cannot be further expanded. Flights stop at 10 p.m... - OsakaOsakais a city in the Kansai region of Japan's main island of Honshu, a designated city under the Local Autonomy Law, the capital city of Osaka Prefecture and also the biggest part of Keihanshin area, which is represented by three major cities of Japan, Kyoto, Osaka and Kobe...
- Kansai International AirportKansai International Airportis an international airport located on an artificial island in the middle of Osaka Bay, southwest of Ōsaka Station, located within three municipalities, including Izumisano , Sennan , and Tajiri , in Osaka Prefecture, Japan. The airport is off the Honshu shore. The airport serves as an... - TokyoTokyo, ; officially , is one of the 47 prefectures of Japan. Tokyo is the capital of Japan, the center of the Greater Tokyo Area, and the largest metropolitan area of Japan. It is the seat of the Japanese government and the Imperial Palace, and the home of the Japanese Imperial Family...
- Narita International AirportNarita International Airportis an international airport serving the Greater Tokyo Area of Japan. It is located east of Tokyo Station and east-southeast of Narita Station in the city of Narita, and the adjacent town of Shibayama....
- Fukuoka
- South Korea
- BusanBusanBusan , formerly spelled Pusan is South Korea's second largest metropolis after Seoul, with a population of around 3.6 million. The Metropolitan area population is 4,399,515 as of 2010. It is the largest port city in South Korea and the fifth largest port in the world...
- Gimhae International AirportGimhae International AirportGimhae International Airport is located on the western end of Busan, South Korea. It opened in 1976. A new international terminal opened on October 31, 2007. Gimhae International Airport is the main hub for Air Busan... - JejuJeju CityJeju is the capital of Jeju province in South Korea and the largest city on the island of Jeju. Its geographical location is . The city is served by Jeju International Airport ....
- Jeju International AirportJeju International AirportJeju International Airport Revised Romanization of Korean; Jeju Gukje Gonghang, McCune-Reischauer; Cheju Kukche Konghang) is the 3rd largest in South Korea, just behind Gimpo Airport in Seoul and Incheon Airport in Incheon. It is located in the city of Jeju... - SeoulSeoulSeoul , officially the Seoul Special City, is the capital and largest metropolis of South Korea. A megacity with a population of over 10 million, it is the largest city proper in the OECD developed world...
- Gimpo International AirportGimpo International AirportGimpo International Airport , commonly known as Gimpo Airport , is located in the far western end of Seoul and was the main international airport for Seoul and South Korea before it was replaced by Incheon International Airport in 2001...
- Busan
- Philippines
- CebuCebuCebu is a province in the Philippines, consisting of Cebu Island and 167 surrounding islands. It is located to the east of Negros, to the west of Leyte and Bohol islands...
- Mactan-Cebu International AirportMactan-Cebu International AirportMactan-Cebu International Airport is a major international airport in the Visayas region of the Philippines. It is located in Lapu-Lapu City, Mactan Island, Metro Cebu and is the country's second primary gateway...
- Cebu
- Taiwan
- TaipeiTaipeiTaipei City is the capital of the Republic of China and the central city of the largest metropolitan area of Taiwan. Situated at the northern tip of the island, Taipei is located on the Tamsui River, and is about 25 km southwest of Keelung, its port on the Pacific Ocean...
- Taiwan Taoyuan International Airport
- Taipei
Codeshare agreements
The airline has codeshare agreementsCode sharing
A codeshare agreement, sometimes simply codeshare, is an aviation business arrangement where two or more airlines share the same flight. A seat can be purchased on one airline but is actually operated by a cooperating airline under a different flight number or code...
with the following airline (at May 2010):
Fleet
The Air Busan Fleet consists of the following aircraft with an average age of 14 years :| Aircraft | In Fleet | Passengers |
|---|---|---|
| Airbus A321-200 Airbus A320 family The Airbus A320 family is a family of short- to medium-range, narrow-body, commercial passenger jet airliners manufactured by Airbus Industrie.Airbus was originally a consortium of European aerospace companies, and is now fully owned by EADS. Airbus's name has been Airbus SAS since 2001... |
1 | 195 |
| Boeing 737-400 Boeing 737 Classic The Boeing 737 Classic is the name given to the -300/-400/-500 series of the Boeing 737 following the introduction of the -600/-700/-800/-900 series. They are short- to medium- range, narrow-body jet airliners produced by Boeing Commercial Airplanes. The Classic series was introduced as the 'new... |
3 | 162 |
| Boeing 737-500 Boeing 737 Classic The Boeing 737 Classic is the name given to the -300/-400/-500 series of the Boeing 737 following the introduction of the -600/-700/-800/-900 series. They are short- to medium- range, narrow-body jet airliners produced by Boeing Commercial Airplanes. The Classic series was introduced as the 'new... |
3 | 127 |
| Total | 7 | |
Investors
- Asiana AirlinesAsiana AirlinesAsiana Airlines Inc. is one of South Korea's two major airlines, along with Korean Air. Asiana has its headquarters in Asiana Town in Osoe-dong, Gangseo-gu, Seoul...
- City of Busan governmentBusanBusan , formerly spelled Pusan is South Korea's second largest metropolis after Seoul, with a population of around 3.6 million. The Metropolitan area population is 4,399,515 as of 2010. It is the largest port city in South Korea and the fifth largest port in the world...
- Nexen TireNexen TireNexen Tire is a tire manufacturer, headquartered in Yangsan, South Gyeongsang Province, and Seoul, both in South Korea. Its major domestic competitors are Hankook Tire and Kumho Tires...
- Dongil Constructions
- Meritz Fire Marine Insurance
- Lotte Hotel BusanLotte Hotel BusanLotte Hotel Busan is the tallest hotel in South Korea. The building includes Seven Luck, a casino operated by Grand Korea Leisure.-External links:*...
- Pusan BankPusan BankBusan Bank is a regional bank in South Korea. The bank is based and headquartered in the busy port city of Busan, South Korea, and offers a full range of retail banking services including foreign exchange at its Somyeon main branch. The company was established in 1967 to facilitate the regional...
- Busan Ilbo
- Bisco
- Samhan Constructions
- Seowon Retail Company
- Seun Steel
- NK Corporation
- IS Dongseo
- Winsteel
- Taewoong
See also
- Asiana AirlinesAsiana AirlinesAsiana Airlines Inc. is one of South Korea's two major airlines, along with Korean Air. Asiana has its headquarters in Asiana Town in Osoe-dong, Gangseo-gu, Seoul...
- Parent company of AIR BUSAN - Jin AirJin AirJin Air Co. Ltd, formerly Air Korea is a low cost airline originating from South Korea. It is a full subsidiary of Korean Air. Jin Air began operations in July 2008 with routes to regional destinations in Korea. In October 2009, Jin Air began flights to Macau, Guam and Bangkok. The name "Jin Air"...
- low cost subsidiary of Korean AirKorean AirKorean Air Lines Co., Ltd. , operating as Korean Air, is both the flag carrier and the largest airline of South Korea, with global headquarters located in Seoul, South Korea. Korean Air's international passenger division and related subsidiary cargo division together serve 130 cities in 45... - Jeju AirJeju AirJeju Air is an airline based in Jeju City, Jeju-do, South Korea, offering scheduled domestic services between Jeju and the South Korean mainland out of Jeju International Airport or Gimpo International Airport, Seoul. Also, a number of regular charter flights is operated-History:Jeju Air was...
- Eastar JetEastar JetEastar Jet is a low-cost airline with its headquarters on the second floor of Yangseo B/D in Banghwa 2-dong, Gangseo-gu, Seoul, South Korea. On January 7, 2009, Eastarjet made its maiden flight from Gimpo International Airport to Jeju International Airport. Now, it operates services to regional...