Incheon and Korea Airports Corporation "Return Executive Performance Bonuses This Year"

Suspected cases of monkeypox infection, which is spreading worldwide, have been reported for the first time in the country. There are two individuals in total, one domestic and one foreign national. Health authorities are conducting tests. The photo shows the arrival hall of Terminal 1 at Incheon International Airport on the 22nd. Photo by Mun Ho-nam munonam@

[Asia Economy Reporter Hyunseok Yoo] Incheon International Airport Corporation and Korea Airports Corporation announced on the 28th that they will return 100% of this year's executive performance bonuses.

This is explained as part of self-help efforts to restore deteriorated financial soundness amid signs of recovery in passenger demand at Incheon Airport due to recent deregulation of aviation and normalization of international flights. Kim Kyung-wook, President of Incheon International Airport Corporation, stated, “Starting with the return of this year's performance bonuses by the corporation's executives, we will strive for innovative efforts that meet the public's expectations and become a public enterprise loved by the people.”

Korea Airports Corporation also said, "To improve the corporation's worsened financial situation and participate in overcoming the crisis in the struggling aviation industry, we will return performance bonuses and focus our capabilities on management innovation by preparing high-intensity self-help efforts and other internal innovation plans."

Both corporations plan to actively participate in the government's public institution reform movement by establishing their own management innovation plans.

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