Singapore and Busan have signed a one-year Memorandum of Understanding to promote trade, business and tourism flows between the two destinations.
The MoU is a six-party collaboration which includes Changi Airport Group, Busan Metropolitan City, Korea Airports Corporation, Korea-based low-cost carriers Eastar Jet and Jeju Air, and Singapore-based regional airline SilkAir Private Limited.
The deal follows the allocation of traffic rights to Eastar Jet, Jeju Air and SilkAir to operate flights on the Singapore-Busan route.
SilkAir commenced a four-times weekly service to Busan from 1 May 2019, while Jeju Air will launch a new service with similar frequency on 4 July 2019.
Eastar Jet is expected to connect the cities in the coming months.
The MoU aims to improve air connectivity between the two destinations and promote the respective airlines product offerings.
