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Founded | 25 January 2005 | ||||||
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Operating bases | |||||||
Frequent-flyer program | Refresh Point | ||||||
Alliance | Value Alliance | ||||||
Fleet size | 39 | ||||||
Destinations | 41 | ||||||
Parent company | Aekyung Group | ||||||
Headquarters | Jeju City, Jeju Province | ||||||
Key people | Seok Joo Lee (C.E.O.) Yong Chan An (C.E.O.) | ||||||
Employees | 2,700 | ||||||
Website | www | ||||||
Korean name | |||||||
Hangul | |||||||
Hanja | |||||||
Revised Romanization | Jeju Hanggong | ||||||
McCune–Reischauer | Chechu Hanggong |
Jeju Air Co., Ltd. (Korean: 제주항공; RR: Jeju Hanggong), is the first and largest South Korean low-cost airline.[1][2] It is also a founding member of the Value Alliance.
Established as a joint venture by Aekyung Group and the Jeju Island government on January 25, 2005, Jeju Air became Korea's first low-cost airline. Jeju Air is named after the Jeju Island.
In 2016, it helped found Value Alliance, the world's first pan-regional low-cost carrier (LCC) alliance, comprising eight Asia Pacific LCCs. In 2017, Jeju Air carried over 60 million passengers, with revenue reported of $890mm US operating profits over $80mm US. In 2018, Jeju Air carried 7.3 million international passengers along with 4.7 million domestic passengers. It domestic traffic has been relatively flat since 2016 as it has focused almost entirely on international expansion.[3]
Jeju Air flight operations were affected by the coronavirus outbreak. In November 2020, there were approximately 3,100 employees at the airline.[4] In August 2021, Jeju Air sold stock for raising $180 million for financing operations.[5]
Jeju Air offers scheduled domestic services, as well as international destinations including China, Japan, Russia, the Mariana Islands, and various Southeast Asian countries.
Main article: List of Jeju Air destinations |
Jeju Air codeshares with the following airlines.
As of March 2022[update], Jeju Air operates an all-Boeing 737 fleet composed of the following aircraft:[7][8]
Aircraft | In fleet | Orders | Passengers | Notes | ||
---|---|---|---|---|---|---|
W | Y | Total | ||||
Boeing 737-800 | 39 | — | 12 | 162 | 174 | |
— | 189 | 189 | ||||
Boeing 737 MAX 8 | — | 40 | — | 189 | 189 | Order with 10 options.[9] |
Jeju Air Cargo aircraft | ||||||
Boeing 737-800BCF | 1 | 1 | Cargo | Deliveries from 2022.[10][11] | ||
Total | 40 | 41 |
Aircraft | Total | Introduced | Retired | Notes |
---|---|---|---|---|
De Havilland Canada Dash 8-400 | 4 | 2006 | 2010 | |
1 | 2007 | Written off as Flight 502 |