Air Busan Officially Launches Under CEO Byeongseok An's Leadership

Byeongseok Ahn, CEO of Air Busan

[Asia Economy Reporter Dongwoo Lee] Air Busan announced on the 31st that it held its regular shareholders' meeting and board of directors meeting at the Air Busan headquarters in Gangseo-gu, Busan, and newly appointed Byeongseok Ahn as CEO.

In his New Year's address this year, CEO Ahn said, "We will enhance Air Busan's corporate value and expand profitability by contributing to customers' lives, safety, and happiness," adding, "We will focus our capabilities on overcoming the prolonged COVID-19 situation."

CEO Ahn set this year's management policy as "an airline that keeps promises" and encouraged all company employees to become an airline that keeps promises with customers in all areas such as safe operation and punctuality.

Since CEO Ahn took office, Air Busan has actively conducted non-landing sightseeing flights and currently holds the record for the highest number of passengers among domestic airlines. The average load factor has also reached nearly 90%, leading new aviation trends in the COVID-19 era.

Air Busan has signed a mutual cooperation agreement with Busan University of Foreign Studies, contributing to securing business demand and nurturing local talent, showing swift external actions to overcome the COVID-19 crisis.

CEO Ahn is tightening safety operations by establishing a safety cooperation system within the company, deciding to operate the company-wide safety council quarterly instead of the previous 1-2 times a year.

CEO Byeongseok Ahn stated, "We will strive not only to improve management performance affected by COVID-19 but also to establish ourselves as an airline that keeps promises to customers and local residents, thereby enhancing Air Busan's corporate value."

Meanwhile, at the shareholders' meeting, in addition to the appointment of the CEO, six agenda items including partial amendments to the articles of incorporation, approval of the 14th financial statements, appointment of directors and audit committee members, and approval of director remuneration limits were all approved as originally proposed.

This content was produced with the assistance of AI translation services.