Jeju Air Co., Ltd. (Korean: 제주항공) is the first and largest South Korean low-cost airline.[1][2] It is also a founding member of the Value Alliance. In addition to air service, the group is also the owner of a Holiday Inn Express in Seoul.[3] The airline is named for Jeju Island.[4]
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| Founded | 25 January 2005 | ||||||
|---|---|---|---|---|---|---|---|
| Hubs | Jeju | ||||||
| Focus cities | |||||||
| Frequent-flyer program | Refresh Point | ||||||
| Alliance | Value Alliance | ||||||
| Fleet size | 41 | ||||||
| Destinations | 41 | ||||||
| Parent company | Aekyung Group | ||||||
| Headquarters | Jeju City, Jeju Province | ||||||
| Key people |
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| Employees | 2,700 | ||||||
| Website | www | ||||||
| Korean name | |||||||
| Hangul | 제주항공 | ||||||
| Hanja | 濟州航空 | ||||||
| Revised Romanization | Jeju Hanggong | ||||||
| McCune–Reischauer | Cheju Hanggong | ||||||
History
editThe airline was established as a joint venture by Aekyung Group and the government of Jeju Province on January 25, 2005. It was established under a different Korean name (제주에어; a transliteration of "Jeju Air"). It received a business license on August 25, 2005, which made it the third major airline in the country after Korean Air and Asiana Airlines. On September 20, 2005, it changed its Korean name to its current form. It acquired its first aircraft on May 2, 2006, and had its first commercial flight, on the Jeju-Gimpo route, on June 5, 2006. By the end of 2006, it had five aircraft.[4]
In 2016, it helped found Value Alliance, the world's first pan-regional low-cost carrier (LCC) alliance, comprising eight Asia Pacific LCCs.[5] 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.[6]
Jeju Air flight operations were affected by the coronavirus outbreak. In November 2020, there were approximately 3,100 employees at the airline.[7] In August 2021, Jeju Air sold stock, raising $180 million for financing operations.[8]
In 2024, in the National Customer Satisfaction Index (NCSI) organized by the Korea Productivity Headquarters, Jeju Air was ranked No. 1 in the LCC category for the third consecutive year since last year.[9]
Destinations
editJeju Air offers scheduled domestic services, as well as international destinations including China, Japan, Oceania, and Southeast Asia.[10]
Codeshare agreements
editJeju Air codeshares with the following airlines.
Fleet
editCurrent fleet
edit
As of November 2024[update], Jeju Air operates an all-Boeing 737 fleet composed of the following aircraft:[13][14]
| 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.[15] Deliveries from November 2023.[16] |
| Jeju Air Cargo aircraft | ||||||
| Boeing 737-800BCF | 2 | — | Cargo | [17][18] | ||
| Total | 42 | 38 | ||||
Retired fleet
edit| Aircraft | Total | Introduced | Retired | Notes |
|---|---|---|---|---|
| De Havilland Canada Dash 8-400 | 4 | 2006 | 2010 | |
| 1 | 2007 | HL5256 crashed as Flight 502 |
Accidents and incidents
edit- On 12 August 2007, Jeju Air Flight 502, a De Havilland Canada Dash 8-400 (registered HL5256) had performed a runway overshoot at Gimhae International Airport. All 74 passengers and five crew members survived, but six passengers suffered minor injuries. Jeju Air Flight 502 is the first and the only incident of Jeju Air.[19]
References
edit- ^ "Contact Us." Jeju Air. Retrieved on March 5, 2010. "제주특별자치도 제주시 연동 301–7"
- ^ "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"
- ^ "Jeju Air to open Holiday Inn Express Hongdae next month". The Korea Herald. 2018-08-01.
- ^ a b 황, 경수. "제주항공 - 디지털제주문화대전". Encyclopedia of Korean Local Culture. Retrieved 2024-07-19.
- ^ 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.
- ^ "South Korea aviation market: a decade of rapid growth driven by LCCs". CAPA. 2 June 2019.
- ^ "Company Story".
- ^ "Korea's AK Holdings to invest $77mn in Jeju Air share issue". ch-aviation. Retrieved 2021-09-15.
- ^ 기자, 서영일. "제주항공, 3년 연속 국가고객만족도 조사 1위". n.news.naver.com (in Korean). Retrieved 2024-11-13.
- ^ 차, 은지 (2024-06-05). "취항 18주년 제주항공…국내 첫 LCC로 항공여행 대중화 '견인'". The Korea Economic Daily (in Korean). Retrieved 2024-07-19.
- ^ 제주항공-濠 제트스타, 인천~골드코스트 공동운항 (in Korean). The Financial News (Financial News). 3 May 2019.
- ^ "Jeju Air, Lion Air codeshare Seoul Incheon-Bali route".
- ^ "Jeju Air Fleet Details and History". planespotters.net. 23 August 2018. Retrieved 23 August 2018.
- ^ "Global Airline Guide 2019 (Part One)". Airliner World. October 2019: 19.
- ^ "South Korea's Jeju Air orders 40 Boeing planes worth $4.4 billion". Reuters. 20 November 2018.
- ^ "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.
- ^ "Jeju Air to introduce cargo plane in first half amid prolonged pandemic". Yonhap News Agency. 13 February 2022.
- ^ "[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.
- ^ Ranter, Harro. "ASN Aircraft accident de Havilland Canada DHC-8-402 Q400 HL5256 Busan-Gimhae (Pusan) International Airport (PUS)". aviation-safety.net. Retrieved 2020-03-16.
External links
editMedia related to Jeju Air at Wikimedia Commons
