South Korea will pursue ‘travel bubble’ agreements for people to travel internationally without restrictions to revitalize the aviation industry, said Finance Minister Hong Nam-ki.
Travel bubbles are agreements between two or more cities or countries that allow for two-way, quarantine-free travel for those who have negative coronavirus test results.
South Korea will also lift other virus-related restrictions.
The Transport Ministry declined to reveal which countries they are negotiating.
South Korea is exploring ways to boost tourism without ruining its virus containment efforts.
According to Kim Sang-do, deputy minister for civil aviation at the Transport Ministry, the aviation industry desperately needs support to maintain its competitiveness.
He added that it is where as many as 200,000 people work for including related industries such as tourism and is a core sector in charge of export logistics.
Among the solutions would be to flights to nowhere” to international travelers, allowing them to tour the country without entering. So far, only Korean airlines have been permitted to offer sightseeing services to residents only.
The country will also extend a reduction in fees airports charge airlines until the end of June this year while considering injecting additional liquidity into low-cost carriers if they experience a temporary cash crunch.


Dollar Near Two-Week High as Stock Rout, AI Concerns and Global Events Drive Market Volatility
China Extends Gold Buying Streak as Reserves Surge Despite Volatile Prices
U.S.-India Trade Framework Signals Major Shift in Tariffs, Energy, and Supply Chains
U.S. Stock Futures Rise as Markets Brace for Jobs and Inflation Data
Japanese Pharmaceutical Stocks Slide as TrumpRx.gov Launch Sparks Market Concerns
India–U.S. Interim Trade Pact Cuts Auto Tariffs but Leaves Tesla Out
Vietnam’s Trade Surplus With US Jumps as Exports Surge and China Imports Hit Record
Trump Lifts 25% Tariff on Indian Goods in Strategic U.S.–India Trade and Energy Deal
Trump’s Inflation Claims Clash With Voters’ Cost-of-Living Reality
Japan Economy Poised for Q4 2025 Growth as Investment and Consumption Hold Firm
Lee Seung-heon Signals Caution on Rate Hikes, Supports Higher Property Taxes to Cool Korea’s Housing Market
South Africa Eyes ECB Repo Lines as Inflation Eases and Rate Cuts Loom
Oil Prices Slip as U.S.-Iran Talks Ease Middle East Tensions
Australian Household Spending Dips in December as RBA Tightens Policy
Indian Refiners Scale Back Russian Oil Imports as U.S.-India Trade Deal Advances
Asian Markets Surge as Japan Election, Fed Rate Cut Bets, and Tech Rally Lift Global Sentiment
Dow Hits 50,000 as U.S. Stocks Stage Strong Rebound Amid AI Volatility 



