South Korea and Singapore have agreed to allow code-sharing of their flag carriers with those of third countries, allowing freer air travel between the two nations, the South Korean government said Wednesday.
The agreement came at the latest round of aviation dialogue held in Seoul for two days from Monday, according to the Ministry of Land, Infrastructure and Transport.
The countries' flag carriers are already offering nearly 50 flights per week between the countries, but the start of code-sharing with flag carriers of other countries will provide further convenience to passengers to and from the two countries, it said.
"As the two countries agreed to free code-sharing with flag carriers of third countries, it will provide additional convenience to passengers in choosing their flight schedule while also helping improve the profitability of the countries' airlines," the ministry said in a press release.
The sides have also agreed to allow their flag carriers to set their own ticket prices whereas they are currently required to have their prices approved by their respective governments. (Yonhap News)
