Since the domestic low-cost carriers (LCC) began operations in Korea 2006, we had questioned their success but after ten years, it is evident that LCCs are leading the air transport industry and pose as threats to existing major airlines. Expansion has continued with a shift from passenger service to cargo transportation. Accordingly, it is important to catch the variation figure of the cargo in time as the basis of this study Accordingly, it is important to understand factors affecting freight volume increases and decreases timely as research on current Korean freight status and international freight business models are actively progressing. This paper analyzes increasing and decreasing factors of international and domestic freight during the period between 2010 and 2014 through the Dynamic Shift-share Analysis, and compares the results with other data available. Results show that LCCs are highly competitive in the case of international freight as well as domestic freight. This can be interpreted as reflecting that LCC grew rapidly over a short period of time. In addition to its value as basic data for this LCC study, the government’s air logistics policy is expected to enhance the effectiveness and usefulness of data for freight infrastructure in the field relative to airline routes and long-term investment strategy decision making.
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