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Jeju Air

#7178

Rank

$376.16M

Marketcap

South Korea

Country

Jeju Air
Leadership team

Mr. Kyu Nam Choi CFA (Co-CEO & Director)

Mr. Seok-Joo Lee (Co-Chief Exec. Officer)

Mr. Yong-Chan Ahn (Co-CEO & Director)

Products/ Services
Air Transportation, Reservations, Travel
Headquarters
Jeju, Cheju-do, South Korea
Established
2005
Revenue
100M - 500M
Traded as
089590.KS
Social Media
Overview
Location
Summary
Jeju Air Co., Ltd. provides airline services in South Korea, Japan, China, Taiwan, the Philippines, Vietnam, Thailand, and Guam. It also offers in-flight, airport, and other additional services. The company was founded in 2005 and is based in Jeju, South Korea. Jeju Air Co., Ltd. is a subsidiary of AK Holdings, Inc.
History

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. In 2016, it helped found Value Alliance, the world's first pan-regional low-cost carrier 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.

Jeju Air flight operations were affected by the coronavirus outbreak. In August 2021, Jeju Air sold stock for raising $180 million for financing operations.

Mission
Jeju Air aims to become an accommodating and reliable low-cost airline in East Asia, providing the highest quality of service at the lowest price for our customers.
Vision
Jeju Air’s vision is to be the world’s leader in low-cost airlines, connecting East Asia and ensuring utmost customer satisfaction.
Key Team

Joo Sang-Gil (Pres)

Mr. Myung-Seop Yoo (Deputy Managing Director & Director of Sales Division)

Mr. Kyung-Pyo Ko (Chief of Marketing Office & Director)

Mr. Tae-Yun Kim (Deputy MD, Chief of Fin. Support Office & Director)

Mr. Young-Chul Park (MD, Head of Management Division & Director)

Mr. Sung-Jin Yang (Sr. Managing Director In Charge of PR Team)

Mr. Sang-Wook Kim (Sr. MD & Chief of Information Strategy Office)

Recognition and Awards
Jeju Air has been awarded numerous times as ‘Asia’s best LCC Airline’ in recognition of its exceptional service and quality excellence.
References

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Jeju Air
Leadership team

Mr. Kyu Nam Choi CFA (Co-CEO & Director)

Mr. Seok-Joo Lee (Co-Chief Exec. Officer)

Mr. Yong-Chan Ahn (Co-CEO & Director)

Products/ Services
Air Transportation, Reservations, Travel
Headquarters
Jeju, Cheju-do, South Korea
Established
2005
Revenue
100M - 500M
Traded as
089590.KS
Social Media