Jeju Air
Jeju Air Co., Ltd. (Korean: ????) is the first and the largest South Korean low-cost airline. Named after Jeju Island, the airline is headquartered in Jeju City with its largest base at Jeju International Airport. It was a founding member of the Value Alliance. Aekyung Group is Jeju Air's largest shareholder, and Jeju Air is the largest shareholder in AK Holdings, the holding company of Aekyung Group. In 2024, it was reported that AK Holdings has injected over 600 billion won to Jeju Air in the previous four years. Jeju Air is the most profitable among AK Group's five subsidiaries. Jeju Air is the first Korean LCC to be publicly listed on the Korea Exchange.
Key facts
History
The airline was established as a joint venture by Aekyung Group and the government of Jeju Province on 25 January 2005. It was established under a different Korean name (제주에어; a transliteration of "Jeju Air"). It received a business license on 25 August 2005, which made it the third major airline in the country after Korean Air and Asiana Airlines. On 20 September 2005, it changed its Korean name to its current form. It acquired its first aircraft on 2 May 2006, and had its first commercial flight on the Jeju-Gimpo route, on 5 June 2006. By the end of 2006, it had five aircraft. In addition to air service, the group is also the owner of a Holiday Inn Express in Seoul.
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 6 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.
After an initial public offering in 2015, Jeju Air finances were stable until the coronavirus outbreak in early 2020. In November 2020, there were approximately 3,100 employees at the airline. In August 2021, Jeju Air sold stock, raising $180 million for financing operations; this was one of three occasions between 2020 and 2024 where it raised capital; the total was almost $500 million.
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.
Its airports
Its main hubs
Airports that list it on their own website
These airports include this airline in the carrier list on their official website.
Other airports in its network
Route network according to OpenFlights (open route database). It may not reflect recent schedule changes.
Data from Wikidata (CC0) · summary from Wikipedia (CC BY-SA).
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This page was last updated on September 26, 2026
APA
Vuelopedia. (2026, September 26). Jeju Air. Retrieved October 16, 2026, from https://vuelopedia.org/en/airline/jeju-air
MLA
“Jeju Air.” Vuelopedia, Fundación Poderia, 26 Sept. 2026, vuelopedia.org/en/airline/jeju-air. Accessed 16 Oct. 2026.
Chicago
Vuelopedia. “Jeju Air.” Fundación Poderia. Last modified September 26, 2026. https://vuelopedia.org/en/airline/jeju-air.
Harvard
Vuelopedia (2026) Jeju Air. Available at: https://vuelopedia.org/en/airline/jeju-air (Accessed: 16 October 2026).
BibTeX
@misc{vuelopedia_en_airline_jeju_air,
author = {{Vuelopedia}},
title = {{Jeju Air}},
publisher = {Fundación Poderia},
year = {2026},
date = {2026-09-26},
url = {https://vuelopedia.org/en/airline/jeju-air},
howpublished = {\url{https://vuelopedia.org/en/airline/jeju-air}},
urldate = {2026-10-16},
note = {Accessed 2026-10-16}
}Wikipedia
{{cite web |url=https://vuelopedia.org/en/airline/jeju-air |title=Jeju Air |website=Vuelopedia |publisher=Fundación Poderia |date=2026-09-26 |access-date=2026-10-16 |language=en}}Types it operates · 37 aircraft · 2 models
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