Jeju Air Purchases Next-Generation Aircraft, Accelerating Fleet Modernization

Next-generation aircraft share expanded to 21% and owned aircraft to 35%
Average fleet age reduced to 12.3 years to enhance operational safety

Jeju Air announced on the 6th that it has purchased and introduced its ninth next-generation aircraft, the B737-8. The newly introduced aircraft will begin operations after obtaining an airworthiness certificate and other approvals from the relevant authorities.

Boeing 737-8, aircraft No. 9. Jeju Air

With the introduction of this ninth aircraft, the proportion of next-generation aircraft in Jeju Air's passenger fleet has expanded to 21%, and the share of owned aircraft has also increased to 35%. The company is also seeing results in improving the aging of its fleet. Following the return of one mid-aged aircraft whose lease contract recently expired, Jeju Air plans to return one additional aircraft within this month. As a result, the average age of its passenger aircraft has fallen to 12.3 years, down 1.7 years from 14 years in January last year.

This year, including this ninth aircraft, Jeju Air plans to introduce a total of seven additional owned B737-8 aircraft, focusing on structural improvement and operational safety through fleet modernization. The airline is also working to strengthen its maintenance capabilities and establish training systems to ensure safe operations.

Currently, Jeju Air is enhancing its safety operation system by being the only domestic airline to obtain ATO (Approved Training Organization) authorization from the Ministry of Land, Infrastructure and Transport for B737-8 type maintenance training, and by signing a competency-based training and assessment (CBTA) agreement with Boeing in the United States for pilot training.

A Jeju Air official said, "The introduction of next-generation aircraft and the expansion of the proportion of owned aircraft are part of our mid- to long-term strategy to simultaneously enhance operational safety and cost competitiveness, and we will further solidify the foundation for sustainable growth through fleet modernization."

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