Korea Airports Corporation

Industry	Transport
Founded	May 30, 1980 March 2, 2002
Headquarters	Seoul, South Korea
Key people	Jeong Ki LEE (Acting CEO, Executive Vice President)
Revenue	580,088 Million Won (2021)
Number of employees	2,768
Website	www.airport.co.kr/

Korea Airports Corporation was established in 1980 in Seoul, South Korea to carry out construction, checks and balances, management and operation of airports and to manage air transportation efficiently. As an organization specializing in airport management, KAC manages and operates total of 14 airports in Korea including Gimpo, Gimhae, Jeju, Daegu, Muan, Cheongju, and Yangyang international airport. KAC also manages the Area Control Center, 10 VOR/TACs and Korea Civil Aviation Training Center.^[1]

Its headquarters are on the property of Gimpo International Airport in Gangseo-gu, Seoul.^[2]

Timeline

• May 30, 1980 – Founded International Airport Authority^[3]
• July 1, 1980 – Acquired the right to operate Gimpo International Airport
• May 9, 1983 – Acquired the right to operate Gimhae International Airport
• June 1, 1984 – Opened Civil Aviation Training Center
• September 6, 1985 – Acquired the right to operate Jeju International Airport (Jeju Island)
• April 7, 1990 – Renamed as Korea International Airport Authority
• June 28, 1990 – Acquired the right to operate 9 domestic airports including Daegu Airport
• December 14, 1991 – Renamed as Korea Airports Authority
• December 13, 1994 – Opened Air Route Traffic Control Center
• January 15, 1997 – Acquired the right to operate Cheongju and Wonju Airports
• January 15, 1999 – Acquired the right to operate 8 VOR/TACs (including Yangyang VOR/TAC)
• March 2, 2002 – Renamed as Korea Airports Corporation (KAC)
• April 3, 2002 – Acquired the right to operate Yangyang International Airport
• November 30, 2003 – Began Gimpo-Haneda flight service
• August 30, 2004 – Acquired ISO 9001 Service Quality System Certificate
• December 21, 2005 – Opened Service Academy
• October 23, 2007 – Acquired the right to operate Muan International Airport
• October 28, 2007 – Began Gimpo-Hongqiao flight service
• March 28, 2008 – Expanded business scope into manufacturing and sale of R&D equipment and overseas airport business
• July 8, 2010 – Acquired the right to operate Uljin Civil Aviation Training Center
• March 18, 2014 – Expanded business scope to training aviation professionals
• November 22, 2014 – Added business sectors of aircraft handling and maintenance