PH, SoKor aviation experiences rapid growth brought by tourism
South Korea has risen as the largest source market for the Philippine tourism industry. It has also emerged as the largest international market from the country. South Korea has also helped drive rapid growth in visitor growth, as well as in international traffic from the Philippines.
Over the past eight years, South Korean visitors have tripled. Every year, over 1.6 million South Koreans go to the Philippines for a visit.
There are now five Philippine airports connected with South Korea. Metro Manila and Cebu are dominating the market. The Cebu-South Korea route has rapidly grown in particular, as it now accounts for 60 percent of the total international traffic at the Philippines’ second largest airport.
The seat capacity for Philippines-South Korea market is also seeing some growth. There are now around 50,000 one-way seats from the country to South Korea every week. The figures make up for approximately 15 percent of the total international seat capacity from the Philippines.
In general, the seating capacity for the route has almost double over the past seven years. Imagine, there were only about 28,000 one-way weekly seats in September 2011.
The aviation industry now sees the Philippine-South Korea as a highly seasonal market. The peak travel in this route is late December to March. During the peak season last winter, the seating capacity for this market went beyond 60,000 weekly seats when in 2011-2012; the capacity peaked at an average of 35,000 weekly one-way seats.
The market may keep growing because the Philippines is a popular destination for Korean travelers. Filipinos also opt to travel to South Korea more and more now, seeing as it is the fifth largest international market from South Korea, after Japan, China, Vietnam, and the US.
OMNI Airline Training Academy trains pilots and flight attendants to contribute to the growing aviation industry in the two countries. Contact us today for more information about our services.