Airlines in South Korea - Industry and Country Analysis, MarketLine

• Publication date: July 2011

Synopsis: Airlines in South Korea – Industry and Country Analysis provides five forces Industry analysis, along with PESTLE country analysis of South Korea. This report concludes with profiles of the leading companies in the South Korean rail freight market. Description: Includes market value/volume, geographical segmentation, and five forces (buyer power, supplier power, new entrants, substitutes, and rivalry) ana...

Synopsis:
Airlines in South Korea – Industry and Country Analysis provides five forces Industry analysis, along with PESTLE country analysis of South Korea. This report concludes with profiles of the leading companies in the South Korean rail freight market.

Description:
Includes market value/volume, geographical segmentation, and five forces (buyer power, supplier power, new entrants, substitutes, and rivalry) analysis of the Airlines Industry in China. The PESTLE analysis section analyzes the current challenges, future prospects and risks across political, economic, social, technological, legal and environmental areas of the country.

Scope:
* Contains data on market value, volume and/or segmentation for Airlines in South Korea.

* Incorporates in-depth five forces competitive environment analysis

* analyzes the political, economic, social, technological, legal and environmental (PESTLE) structure of South Korea.

* The leading companies are identified with supporting key financial metrics (where available)

Market Definition:
The airlines industry comprises passenger air transportation, including both scheduled and chartered, but excludes air freight transport. Industry volumes are defined as the total number of revenue passengers enplaned (departures) at all airports within the country or region, excluding transit passengers who arrive and depart on the same flight code. For the US and Canada, transborder passengers departing from either country are considered as part of the international segment. Industry value is defined as the total revenue obtained by airlines from transporting these passengers. This avoids the double-counting of passengers. All currency conversions in this profile were carried out using constant 2009 average annual exchange rates.

Highlights:
The South Korean airlines industry had total revenue of $2.8 billion in 2009, representing a compound annual growth rate (CAGR) of 0.9% for the period spanning 2005-2009.

Industry volumes increased with a CAGR of 2% between 2005 and 2009, to reach a total of 20.6 million passengers in 2009.

The performance of the industry is forecast to accelerate, with an anticipated CAGR of 9% for the five-year period 2009-2014, which is expected to drive the industry to a value of $4.3 billion by the end of 2014.

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Airline Industry in South Korea

TABLE OF CONTENTS
EXECUTIVE SUMMARY 2
INTRODUCTION 3
Market definition 3
Research highlights 3
AIRLINES IN SOUTH KOREA: MARKET OVERVIEW 8
Market analysis 8
Market Value, 2005–09 9
Market value forecast, 2009–14 10
Market Volume, 2005–09 11
Market volume forecast, 2009–14 12
Market Segmentation by Category 13
Market Segmentation by Geography 14
AIRLINES IN SOUTH KOREA: FIVE FORCES ANALYSIS 16
Summary 16
Buyer power 17
Supplier power 18
New entrants 20
Substitutes 22
Rivalry 24
SOUTH KOREA: PESTLE ANALYSIS 26
Summary 26
Political analysis 27
Economic analysis 32
Social analysis 37
Technological analysis 41
Legal analysis 45
Environmental analysis 49
Environmental analysis 49
AIRLINES IN SOUTH KOREA: LEADING COMPANIES 54
AIR BUSAN Co., Ltd 54
Asiana Airlines, Inc. 55
Jin Air 57
Korean Air Lines Co., Ltd. 58
APPENDIX 62
Methodology 62
ABOUT DATAMONITOR 64
Premium Reports 64
Summary Reports 64
Datamonitor consulting 64

LIST OF TABLES
Table 1: South Korea airlines industry value: $ billion, 2005–09 9
Table 2: South Korea airlines industry value forecast: $ billion, 2009–14 10
Table 3: South Korea airlines industry volume: million passengers, 2005–09 11
Table 4: South Korea airlines industry volume forecast: million passengers, 2009–14 12
Table 5: South Korea airlines industry segmentation I:% share, by volume, 2009 13
Table 6: South Korea airlines industry segmentation II: % share, by value, 2009 14
Table 7: Analysis of South Korea’s political landscape 27
Table 8: Analysis of South Korea’s economic landscape 32
Table 9: Analysis of South Korea’s social landscape 37
Table 10: Analysis of South Korea’s technology landscape 41
Table 11: Analysis of South Korea’s legal landscape 45
Table 12: Analysis of South Korea’s environmental landscape 49
Table 13: AIR BUSAN Co., Ltd: key facts 54
Table 14: Asiana Airlines, Inc.: key facts 55
Table 15: Jin Air: key facts 57
Table 16: Korean Air Lines Co., Ltd.: key facts 58
Table 17: Korean Air Lines Co., Ltd.: key financials ($) 59
Table 18: Korean Air Lines Co., Ltd.: key financials (KRW) 59
Table 19: Korean Air Lines Co., Ltd.: key financial ratios 60


LIST OF FIGURES
Figure 1: South Korea airlines industry value: $ billion, 2005–09 9
Figure 2: South Korea airlines industry value forecast: $ billion, 2009–14 10
Figure 3: South Korea airlines industry volume: million passengers, 2005–09 11
Figure 4: South Korea airlines industry volume forecast: million passengers, 2009–14 12
Figure 5: South Korea airlines industry segmentation I:% share, by volume, 2009 13
Figure 6: South Korea airlines industry segmentation II: % share, by value, 2009 15
Figure 7: Forces driving competition in the airlines industry in South Korea, 2009 16
Figure 8: Drivers of buyer power in the airlines industry in South Korea, 2009 17
Figure 9: Drivers of supplier power in the airlines industry in South Korea, 2009 18
Figure 10: Factors influencing the likelihood of new entrants in the airlines industry in South Korea, 2009 20
Figure 11: Factors influencing the threat of substitutes in the airlines industry in South Korea, 2009 22
Figure 12: Drivers of degree of rivalry in the airlines industry in South Korea, 2009 24
Figure 13: Korean Air Lines Co., Ltd.: revenues & profitability 60
Figure 14: Korean Air Lines Co., Ltd.: assets & liabilities 61

Airline in South Korea

South Korea Air Transport, International Passengers Carried By Domestic Registered Airlines, Mn, % Change Y-o-y

• $ 250
• Industry data
• February 2013

Yearly, From 1991 To 2017
By Business Monitor International
Source: World Bank/BMI Forecast/BMI Calculation

• Industries : Airline
• Countries : South Korea

South Korea Air Transport, Registered Airline Domestic And Non-domestic Takeoffs, `000

• $ 250
• Industry data
• February 2013

Yearly, From 1990 To 2017
By Business Monitor International
Source: World Bank/BMI Forecast

• Industries : Airline
• Countries : South Korea

South Korea Air Transport, Registered Airline Domestic And Non-domestic Takeoffs, `000, % Change Y-o-y

• $ 250
• Industry data
• February 2013

Yearly, From 1992 To 2017
By Business Monitor International
Source: World Bank/BMI Forecast/BMI Calculation

• Industries : Airline
• Countries : South Korea

South Korea Air Transport, International Passengers Carried By Domestic Registered Airlines, Mn

• $ 250
• Industry data
• February 2013

Yearly, From 1990 To 2017
By Business Monitor International
Source: World Bank/BMI Forecast

• Industries : Airline
• Countries : South Korea