Jeju Air, the largest low-cost carrier (LCC) in South Korea, has signed a new distribution agreement with Sabre that will allow the airline to expand into new markets as part of their growth and expansion plan.
South Korea has one of the worlds largest travel markets, and outbound travel continues to grow. With a growing economy and increasing affluence, the demand for air travel has sparked keen competition amongst airlines as they develop new growth and distribution strategies to keep up with the changing market.
The appetite for travel is growing quickly in South Korea and over half of South Koreans are expected to make outbound trips by the end of this year. We are proud to be working with Jeju Air, and even more so that they continue to consider us as a valuable partner who can help them navigate and grow in these circumstances, said Mr. Rakesh Narayanan, vice president, Air Commerce, Sabre Travel Network Asia Pacific. As we continue to grow the Sabre Travel Network marketplace, we are also building a more robust ecosystem between travel agents and businesses that will contribute to increased revenue for all parties, and ultimately benefit the traveller.
Mr. Kim Sanguk, chief information officer of Jeju Air, said, We are extremely happy to continue working with Sabre as we take the next steps towards expanding into new markets such as Russia. This is a testament to our confidence in Sabre as the best travel technology partner for travel businesses in the region. As the fastest growing airline in Korea with over 20 major routes in Asia, we are committed to providing the value that travellers have come to expect of us as we connect them to more destinations around the world.