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[INTERVIEW] 'Korea does not have a true LCC'

Korea does not truly have a low-cost carrier (LCC), only airlines disguised as such, said Tony Fernandes, CEO and founder of Air Asia Group. “Korea needs one really true low-cost airline. Korean Air and Asiana (operating their own LCCs) just block other airlines from entering the market. They are full-service airlines,” Fernandes said in an interview with The Korea Times during his visit to Seoul last week.

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