All Jeju Air articles
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NewsEve and Jeju Air outline proposed air taxi operations in South Korea
Eve Air Mobility and low-cost carrier Jeju Air are partnering to explore the technical and commercial requirements for electric air taxi operations on the resort island of Jeju.
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NewsSouth Korean LCCs see Q3 revenue uplift, though loss-making streak continues
Two South Korean low-cost carriers — T’way Air and Jeju Air — widened their third-quarter operating losses, despite reporting an uptick in revenue.
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NewsJeju Air annual loss up tenfold as revenue falls 73% in 2020
South Korean carrier Jeju Air has posted a full-year operating loss of W336 billion ($305 million) for 2020, compared with a much smaller loss of W32.9 billion the previous year.
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NewsJeju Air could take $15m hit from cancelled Eastar Jet deal
Jeju Air may have scrapped plans to acquire a majority stake in Eastar Jet, but it could still take a further W18 billion ($15 million) hit to its bottom line.
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NewsJeju Air delays Eastar Jet acquisition to end-February
Jeju Air has delayed acquiring a majority stake in compatriot Eastar Jet by yet another month, again citing the due diligence process. “There are no issues with the process [and the delay] is just about the shortage of time. We expect to close the deal in February,” Jeju tells Cirium. ...
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NewsJeju Air delays acquiring majority stake in Eastar Jet
Jeju Air has delayed acquiring a majority stake in compatriot Eastar Jet as it needs time to conduct due diligence on the latter. Jeju expected to complete the stock sale and purchase contract by 9 January, but this has been pushed back until the end of the month. “The above ...
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NewsJeju Air to acquire majority in low-cost rival Eastar Jet
South Korean low-cost carrier Jeju Air is acquiring a 51% stake in compatriot Eastar Jet for W69.5 billion ($59.6 million).
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NewsSouth Korean low-cost carriers fined for safety lapses
South Korea’s Minister of Land, Infrastructure and Transport (MOLIT) has imposed fines totaling W810 million ($682,000) on Jeju Air, T’way Air and Air Seoul for flouting safety rules. Three incidents involved Jeju Air. In February, during takeoff and landing of flight 8401 between Seoul Incheon and Qingdao, the aircraft’s braking ...
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South Korea signs open-skies agreements with Singapore and Brunei
South Korea has signed an open-skies agreement with Brunei Darussalam and Singapore, allowing an unlimited number of flights to be operated between the respective countries.
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Jin Air’s 737NG with cracks repaired and returned to service
The first of Jin Air’s three Boeing 737NGs found with “pickle fork” cracks returned to service this week.
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Jeju Air grew network outside of Japan in third quarter
Like its compatriots, Jeju Air saw demand on Japanese routes fall but managed to grow its network in other regions during the third quarter.
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Kumho selects Hyundai Development consortium for Asiana stake
Kumho Industrial has selected the Hyundai Development-Mirae Asset Daewoo consortium as the preferred bidder for its 31% stake in Asiana Airlines.
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Kumho set to announce Asiana buyer
Kumho Industrial expects to announce the buyer of its 31.05% stake in Asiana Airlines soon.
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INTERVIEW: Jeju Air chief confronts tougher market
South Korean low-cost carrier Jeju Air plans to moderate growth as it faces more challenging conditions in key markets.
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Asiana, Air Busan and Eastar Jet expand Taiwan links
Asiana Airlines, Air Busan and Eastar Jet will add a number of flights from Seoul Incheon to Taiwan, albeit largely outside of Taipei.
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AnalysisAirlines adjust to Japan, South Korea spat
Regional airlines may stand to lose more from a worsening Japan-South Korea spat, unless both parties set aside their differences.
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Jeju Air slips to Q2 loss as fuel costs wipe out gains
South Korean budget carrier Jeju Air blamed “sudden changes in external environment” as it slipped into a W31.4 billion ($ million) operating loss for the second quarter, driven primarily by higher fuel costs.
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NewsZipair Tokyo cleared for 2020 takeoff
New Japanese budget carrier Zipair Tokyo is on track for a 2020 start date, having been granted an air transport business license by Japan's Ministry of Land, Infrastructure, Transport and Tourism.
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Vietnam Airlines enters competitive Da Nang-Busan route
Vietnam Airlines will enter the hotly contested Da Nang-Busan route with a twice-weekly service from 20 July 2019.
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Jeju Air to debut new travel class in launching Singapore-Busan
Jeju Air will be launching direct flights between Singapore and Busan on 4 July, and be piloting a new travel class on the route.