Jeju Air Co., Ltd. (Korean: 제주항공), is the first and largest South Korean low-cost airline.^[1][2] It is also a founding member of the Value Alliance.

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Jeju Air
제주항공
Jeju Hanggong

IATA ICAO Callsign 7C JJA JEJU AIR
Founded	25 January 2005; 19 years ago (2005-01-25)
Hubs	Jeju
Focus cities	Busan Seoul–Gimpo Seoul–Incheon
Frequent-flyer program	Refresh Point
Alliance	Value Alliance
Fleet size	42
Destinations	41
Parent company	Aekyung Group
Headquarters	Jeju City, Jeju Province
Key people	I-Bae Kim (CEO) Seok Joo Lee (ex-CEO) Yong Chan An (ex-CEO)
Employees	2,700
Website	www.jejuair.net
Korean name
Hangul	제주항공
Hanja	濟州航空
Revised Romanization	Jeju Hanggong
McCune–Reischauer	Cheju Hanggong

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Established as a joint venture by Aekyung Group and the Jeju Island government on January 25, 2005, Jeju Air became Korea's first low-cost airline. Jeju Air is named after Jeju Island.

In 2016, it helped found Value Alliance, the world's first pan-regional low-cost carrier (LCC) alliance, comprising eight Asia Pacific LCCs.^[3] In 2017, Jeju Air carried over 60 million passengers, with revenue reported of $890mm US operating profits over $80mm US. In 2018, Jeju Air carried 7.3 million international passengers along with 4.7 million domestic passengers. Its domestic traffic has been relatively flat since 2016 as it has focused almost entirely on international expansion.^[4]

Jeju Air flight operations were affected by the coronavirus outbreak. In November 2020, there were approximately 3,100 employees at the airline.^[5] In August 2021, Jeju Air sold stock, raising $180 million for financing operations.^[6]

Jeju Air offers scheduled domestic services, as well as international destinations including China, Japan, Russia, the Mariana Islands, and various Southeast Asian countries.^{[citation needed]}

• On 12 August 2007, Jeju Air Flight 502 [ko], Bombardier Dash 8 Q400 (registered HL5256) had performed a runway overshoot at Gimhae International Airport. All 74 passengers and 5 crews survived, but 6 passengers suffered minor injuries. Jeju Air Flight 502 is the first and the only incident of Jeju Air.^[14]