Korea Airports Corporation Holds 'UAM Cluster Establishment Forum'

(From the front row, left to right) Kim Seok-gyun, Executive Director of Hanwha Systems; Lee Jae-woo, Professor at Konkuk University; Son Chang-wan, President of Korea Airports Corporation; Jin Sung-jun, Member of the National Assembly; Park Sang-hyuk, Member of the National Assembly; Yoon Jin-hwan, Director of Aviation Policy at the Ministry of Land, Infrastructure and Transport; Choi Jung-ho, Director of the National Aviation Museum; and Kim Yeon-myeong, President of the Aviation Safety Technology Institute, are taking a commemorative photo at the "UAM Cluster Establishment Forum" on the 20th at the National Aviation Museum at Gimpo Airport to lead the global Urban Air Mobility (UAM) industry.

[Asia Economy Reporter Dongwoo Lee] Korea Airports Corporation announced on the 20th that it held the 'UAM Cluster Establishment Forum' at the Gimpo Airport National Aviation Museum to lead the global urban air mobility (UAM) industry.

UAM is a new concept of mobility service using electric-powered vertical takeoff and landing (VTOL) small aircraft such as air taxis, and it is expected to form a market worth 731 trillion won worldwide by 2040.

This forum was hosted by National Assembly members Jin Seong-jun (Gangseo-eul) and Park Sang-hyuk (Gimpo-eul), with a congratulatory address by Jin Sun-mi, Chair of the Land, Infrastructure and Transport Committee, and a keynote speech by Son Chang-wan, President of Korea Airports Corporation. In the business sector, thematic presentations and panel discussions were held by UAM-related organizations including Korean Air, Hanwha Systems, Korea Transport Institute, and Seoul Institute.

Professor Lee Jae-woo of Konkuk University, who participated in the panel discussion, predicted, "Gimpo Airport, located in downtown Seoul, adjacent to the Magok advanced industrial complex and equipped with aviation infrastructure, is the optimal location for Korea's UAM cluster and can become a hub that integrates the entire mobility industry including autonomous vehicles and electric cars in the future."

Son Chang-wan, President of Korea Airports Corporation, said in his keynote speech, "It is very meaningful that the core players of the UAM industry gathered at Gimpo Airport, the beginning of aviation industry history, to discuss ways to activate future innovative transportation means for the re-leap of the aviation industry," adding, "Korea Airports Corporation will lead efforts to support the global leadership of the UAM industry, especially taking the lead in establishing the cluster."

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