Yoon Hyung-jun, President of Korea Airports Corporation, "Sales to Surpass 1 Trillion Won This Year"

"I Will Advance Full Recovery from COVID-19 by One Year"

Yoon Hyung-jun, President of Korea Airports Corporation, announced that the company will achieve sales of 1 trillion won for the first time in history this year.

In his New Year's address on the 3rd, President Yoon stated that Korea Airports Corporation will firmly establish itself as a "super-converged glocal airport group."

To this end, he presented three core goals. The first is to achieve sales of 1 trillion won for the first time since its founding. President Yoon said, "We will advance the full recovery from COVID-19 by one year ahead of the original target, achieving 90 million passenger transports this year and opening the era of 1 trillion won in sales." He emphasized, "While actively seeking revitalization plans for each airport, we will also boost the recovery rate of China routes, attract medium- and long-distance routes to Gimhae Airport, and accelerate the expansion of international routes at other regional airports such as Cheongju and Daegu."

We will accelerate these efforts.

Securing future growth engines was also set as a task. First, the plan is to achieve visible results in the first half of the year in businesses linked to airport membership, such as fast track, shared offices, and premium lounges. President Yoon emphasized, "In addition to the existing BeSeTo (Beijing, Seoul, Tokyo) line, we will activate a second business route connecting Seoul, Osaka, and Shanghai," adding, "Through this, Gimpo Airport will be reborn as a hub for Northeast Asia business shuttles."

He also announced that the corporation’s Building Information Modeling (BIM) business, which produces and manages construction-related information based on 3D models, will be linked with public sector digital twin projects (virtual space simulations of real buildings) such as new airports and railroads to achieve results. He added that the Urban Air Mobility (UAM) project will successfully complete Phase 1 (Goheung) and Phase 2 (Gimpo Airport and downtown) demonstrations.

Lastly, management innovation and organizational reform were also set as goals. President Yoon pledged, "We will establish a company-wide safety-first policy and promote innovation comprehensively."

Yoon Hyung-jung, President of Korea Airports Corporation, is being interviewed by Asia Economy on the 12th. / Photo by Moon Ho-nam munonam@

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