Jeju Air

Jeju Air, the largest and fast-growing Low-Cost Carrier in Korea, operates a fleet of 37 Boeing 737-800s and flies to nearly 10 international destinations from Seoul, Busan, Jeju, and Cheongju. Established in January 2005 and starting operations in June 2006, the airline is primarily owned by the Aekyung Group with a majority stake of 81.7%, and the Jeju Provincial Government holds 4.54%. Its recent post-IPO debt investment of KRW320.00B on September 12, 2022, came from AK HOLDINGS. Overall, Jeju Air has showcased a strong track record and a robust presence in the Korean aviation market. Its strategic partnerships and continuous expansion, both domestically and internationally, position it as a significant player in the low-cost carrier segment. With the backing of substantial investments and a well-established market presence, Jeju Air is well-positioned for further growth and potentially lucrative returns for prospective investors within the aviation industry.