Aviation output falls at sharpest pace in 52 months in April due to higher fuel surcharges

South Korea's aviation sector output fell at the sharpest pace in 52 months in April, mainly due to a spike in fuel surcharges stemming from the prolonged Middle East conflict, government data showed Monday. The production index for the aviation sector stood at 468.5 in April, down 13.5 percent from a month earlier, according to data released by the Ministry of Data and Statistics. It marked the largest on-month decline since December 2021, when the index dropped 14.2 percent. Passenger transpor

By The Korea Herald