This article needs additional citations for verification. Please help improve this article by adding citations to reliable sources. Unsourced material may be challenged and removed.Find sources: "Jeju Air" – news · newspapers · books · scholar · JSTOR (May 2017) (Learn how and when to remove this message)
Jeju Air
Jeju Hanggong
IATA ICAO Callsign
Founded25 January 2005; 19 years ago (2005-01-25)
Focus cities
Frequent-flyer programRefresh Point
AllianceValue Alliance
Fleet size42
Parent companyAekyung Group
HeadquartersJeju City, Jeju Province
Key people
  • I-Bae Kim (CEO)
  • Seok Joo Lee (ex-CEO)
  • Yong Chan An (ex-CEO)
Korean name
Revised RomanizationJeju Hanggong
McCune–ReischauerCheju Hanggong

Jeju Air Co., Ltd. (Korean제주항공), 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 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.[3] 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. Its domestic traffic has been relatively flat since 2016 as it has focused almost entirely on international expansion.[4]

Jeju Air flight operations were affected by the coronavirus outbreak. In November 2020, there were approximately 3,100 employees at the airline.[5] In August 2021, Jeju Air sold stock, raising $180 million for financing operations.[6]


Main article: List of Jeju Air destinations

Jeju Air offers scheduled domestic services, as well as international destinations including China, Japan, Russia, the Mariana Islands, and various Southeast Asian countries.[citation needed]

Codeshare agreements

Jeju Air codeshares with the following airlines.


Current fleet

Jeju Air Boeing 737-800

As of November 2023, Jeju Air operates an all-Boeing 737 fleet composed of the following aircraft:[8][9]

Aircraft In fleet Orders Passengers Notes
W Y Total
Boeing 737-800 38 12 162 174
189 189
Boeing 737 MAX 8 2 38 189 189 Order with 10 options.[10]
Deliveries from November 2023.[11]
Jeju Air Cargo aircraft
Boeing 737-800BCF 2 Cargo Deliveries from 2022.[12][13]
Total 42 38

Retired fleet

Jeju Air retired fleet
Aircraft Total Introduced Retired Notes
De Havilland Canada Dash 8-400 4 2006 2010
1 2007 HL5256 crashed as Flight 502

Accidents and Incidents


  1. ^ "Contact Us." Jeju Air. Retrieved on March 5, 2010. "제주특별자치도 제주시 연동 301–7"
  2. ^ "Jeju Head Office Archived 2011-08-30 at the Wayback Machine." Jeju Air. Retrieved on December 27, 2011. "#301-7, Yeon-dong, Jeju City, Jeju Special Self-Governing Province"
  3. ^ Middleton, Rachel (2016-05-17). "World's biggest budget airline alliance takes off in Asia Pacific region". International Business Times UK. Retrieved 2024-03-29.
  4. ^ "South Korea aviation market: a decade of rapid growth driven by LCCs". CAPA. 2 June 2019.
  5. ^ "Company Story".
  6. ^ "Korea's AK Holdings to invest $77mn in Jeju Air share issue". ch-aviation. Retrieved 2021-09-15.
  7. ^ 제주항공-濠 제트스타, 인천~골드코스트 공동운항 (in Korean). The Financial News (Financial News). 3 May 2019.
  8. ^ "Jeju Air Fleet Details and History". 23 August 2018. Retrieved 23 August 2018.
  9. ^ "Global Airline Guide 2019 (Part One)". Airliner World. October 2019: 19.
  10. ^ "South Korea's Jeju Air orders 40 Boeing planes worth $4.4 billion". Reuters. 20 November 2018.
  11. ^ "제주항공, 차세대 기종 B737-8 첫 도입…40번째 항공기" [Jeju Air, adds first next generation aircraft 737-8…40th aircraft] (in Korean). Yonhap News Agency. 7 November 2023.
  12. ^ "Jeju Air to introduce cargo plane in first half amid prolonged pandemic". Yonhap News Agency. 13 February 2022.
  13. ^ "[단독]제주항공, 화물 전용기 2호기 도입… 물류 사업 힘준다" [[Exclusive] Jeju Air Introduces Cargo Unit 2... I'm giving you strength in the logistics business] (in Korean). Donga News. 11 May 2023.
  14. ^ Ranter, Harro. "ASN Aircraft accident de Havilland Canada DHC-8-402 Q400 HL5256 Busan-Gimhae (Pusan) International Airport (PUS)". Retrieved 2020-03-16.

Media related to Jeju Air at Wikimedia Commons