On the morning of the 29th, Jeju Air, which suffered a large-scale casualty during the landing at Muan Airport in Jeollanam-do, was established on January 25, 2005, making it the oldest low-cost carrier (LCC) in South Korea. It was jointly founded by Aekyung Group and the Jeju Special Self-Governing Province, starting out as 'Jeju Air' but changed its name to Jeju Air in September of the same year.
As of January this year, Jeju Air operates 62 routes to 44 cities, including Japan, China, the Philippines, and Thailand. The airline operates from bases including Gimpo International Airport, Incheon International Airport, and Jeju International Airport, and as of the end of September this year, it has 3,188 employees.
The airline has a total of 42 aircraft, and approximately 12.3 million passengers used Jeju Air last year. Jeju Air operates about 217 flights per day, and the daily operation time of the aircraft is around 13.5 hours. The aircraft involved in the incident was a Boeing 737-800 built in 2009, and Jeju Air stated that it completed inspections before departure.
Like other LCCs, Jeju Air recorded annual operating losses of billions of won during the COVID-19 period but turned to profit last year with revenue of 1.72 trillion won and operating income of 169.8 billion won. This year, it is estimated to record revenue of 1.97 trillion won and operating income of 151 billion won.