Eastar Jet Receives Air Transport Business License... Accelerates Resumption of Operations
Goal to Resume Gimpo-Jeju Route in February Next Year
As Eastar Jet notified 605 employees of layoffs, raising concerns about mass unemployment in the aviation industry, officials are entering the temporary shareholders' meeting held on the 9th at Eastar Jet headquarters in Gangseo-gu, Seoul. Photo by Hyunmin Kim kimhyun81@
View original image[Asia Economy Reporter Jin-ho Kim] Eastar Jet, which is undergoing corporate rehabilitation procedures, is accelerating efforts to resume operations by newly obtaining an air transportation business certificate.
According to industry sources on the 15th, the Ministry of Land, Infrastructure and Transport completed the transfer of the air transportation business license for Eastar Jet from former CEO Choi Jong-gu to current CEO Kim Yu-sang on the same day.
Accordingly, Eastar Jet submitted the application documents to the Ministry of Land, Infrastructure and Transport on the same day to obtain the Air Operator Certificate (AOC) for international air transportation operations. The AOC is a type of safety license that comprehensively verifies whether an airline has the necessary professional personnel, facilities, equipment, and operational and maintenance support systems required for safe flight operations before commencing flights.
Previously, the Ministry of Land, Infrastructure and Transport required approval of the rehabilitation plan and the transfer of the air transportation business license as conditions for applying for the AOC. The AOC review usually takes about three months, but Eastar Jet expects the review period to be shortened due to its approximately 10 years of past flight experience.
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The target date to resume operations is February next year. The goal is to start flights on the Gimpo-Jeju route with a total of three aircraft. Afterwards, the plan is to operate at least six aircraft in the first half of the year and introduce a total of ten aircraft by the end of the year to normalize management.
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