South Korea's transportation sector sales gained ground for the fourth year in a row in 2018 due mainly to an increase in air services, government data showed Thursday.
The combined sales of local transportation firms totaled 146.9 trillion won ($124.5 billion) in the one-year period, up 3.3 percent from 142.2 trillion won tallied the year before, according to the data compiled by Statistics Korea.
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(Yonhap) |
Land transportation companies saw their sales rise 1.8 percent to 65.3 trillion won, and storage and other transport-related services posted 28.2 trillion won in sales, an increase of 1.2 percent from a year earlier.
Sales of air transport climbed 10.3 percent on-year to 25 trillion won last year. Sales of sea transport increased 3.3 percent on-year to 28.3 trillion won.
The number of companies in the sector edged up 2.3 percent on-year to 383,737 in 2018, with the number of people on their payrolls standing at 1.13 million, up 0.2 percent on-year. (Yonhap)