Air Busan to resume Qingdao flights to address demand from businessmen

Air Busan Co. will begin offering weekly Busan to Qingdao flights from October 15 to meet travel demand from businessmen.

According to the budget carrier unit of Asiana Airlines Inc., it suspended the route for over seven months due to the pandemic's impact on the airline industry.

In July, Air Busan resumed the Incheon-Shenzhen route, but not other Chinese routes.

Air Busan‘s net losses widened to 105.57 billion won in the first half period from 23.1 billion won in the same period last year.

The airline plans to raise 89 billion won in a rights offering in December to secure operating capital.

Asiana Airlines Inc., which holds a controlling 44 percent stake in Ais Busan, will infuse 30 billion won into the rights issue.