South Korea Finance Minister Hong Nam-ki announced that the government would support its ailing airline industry by adopting international flights without landing.
Under the program, local carriers would enter the airspace of other countries without landing.
With its global destination, it would an upgrade from the “flights to nowhere” programs that the local airlines have been offering.
Passengers, who would be required for quarantine procedures when departing, would receive the same tax-free benefits as regular travelers.
The combined value of products eligible for tax-free benefits for duty-free purchases here stands at $600 at the moment.
The program would be temporarily operated for 12 months and
Hong said the program would be ready by as early as the end of the month.
Korean Air, Asiana, Jeju Air, and Jin Air have been preparing for the program's launch.
To further support South Korea's economy, Hong vowed to invest 1.6 trillion won in eight high-digital and contactless areas: finance, logistics, small businesses and the self-employed, the medical field, education, commuting, public administration, and digital contents.


Alphabet Earnings Surge on AI Growth, Cloud Revenue, and Strong Search Performance
Berkshire Hathaway Q1 Earnings Jump 18% as Greg Abel Signals Disciplined Growth Strategy
Meta Raises 2026 Capex Outlook Amid AI Spending Surge, Shares Drop After Earnings
TSMC Exits Arm Holdings with $231 Million Share Sale Amid Strategic Portfolio Shift
Samsung Reports Record Profit as AI Boom Drives Memory Chip Demand
Microsoft Azure Growth Forecast Beats Expectations Amid Rising AI Competition
Google Secures Pentagon AI Deal for Classified Projects
Air Liquide Q1 Revenue Misses Estimates Amid Currency and Energy Headwinds
Novartis Q1 2026 Earnings Miss Expectations as Generic Competition Pressures Sales
Pershing Square Raises $5 Billion in Landmark U.S. IPO and Share Placement
AstraZeneca Q1 2026 Earnings Surge on Strong Oncology and Rare Disease Drug Sales
China’s Ultra-Cheap EV Boom: Why Electric Cars Cost Far Less Than in the U.S.
Amazon Stock Dips Despite Record Earnings as AI Infrastructure Spending Surges
Ford Q1 Earnings Beat Expectations, Stock Surges on Strong Guidance
U.S. Cybersecurity Pushes Faster Patch Deadlines Amid Rising AI-Driven Threats
Why Paycom Was Named a 2026 Platinum Employer on the Where You Work Matters List 



