Jeju Air's Second Cargo Aircraft Nears Arrival... "Strengthening Network"

Jeju Air announced on the 6th that it will strengthen its logistics industry network to establish a stable foundation for its cargo transportation business in preparation for the introduction of its second dedicated cargo aircraft (B737-800BCF).

Jeju Air became the first domestic low-cost carrier (LCC) to introduce a dedicated cargo aircraft in June last year, embarking on a full-scale diversification of its business model. Since then, it has operated flights three times a week on the Incheon?Tokyo (Narita) route, and six times a week on the Yantai and Hanoi routes. By May of this year, it had transported over 13,700 tons of cargo, including e-commerce goods, clothing, and machinery parts.

To ensure stable operation of its cargo transportation business, Jeju Air is preparing to introduce its second dedicated cargo aircraft in October. The aircraft is undergoing modification work of the same model as the currently operated dedicated cargo aircraft (B737-800BCF).

With the addition of the second aircraft, Jeju Air plans to establish a stable cargo transportation foundation, increase existing cargo routes, and is considering entering the Incheon?Osaka route for the first time.

Jeju Air expects its cargo transportation business to grow into a new revenue model by minimizing fixed costs and maximizing efficiency for the new business using the operational know-how and infrastructure of the B737-800NG model, which it has operated stably for the past 16 years.

Jeju Air aims to capture e-commerce demand in the Northeast Asia region and strengthen its position as an air cargo carrier by absorbing demand for high value-added items such as lithium-ion batteries, pharmaceuticals, and semiconductors.

Earlier, in May, Jeju Air became the first domestic low-cost carrier to obtain IATA’s (International Air Transport Association) CEIBLI-BATT certification for lithium-ion battery air transport quality management.

From today until the 7th, Jeju Air is holding a joint briefing session titled “Increasing Air Cargo Volume in the Japan Region” in Tokyo and Osaka, Japan, targeting Incheon International Airport Corporation, local forwarders (cargo handling agents), and logistics officials. In May, it held a briefing session for about 150 industry officials in Hanoi and Ho Chi Minh City, Vietnam, discussing cargo volume prospects in Southeast Asia including Vietnam and ways to activate air cargo transportation cooperation systems.

A Jeju Air official said, “The cargo business should be approached from a long-term perspective by continuously expanding networks with logistics stakeholders rather than focusing on short-term market conditions. Once the second aircraft is introduced, route expansion and flexible response to abnormal situations will be possible, enabling more stable business operations.”

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