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[BUSINESS] · South Korea · 2 sources

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Jeju Air leads Gimpo-Jeju route market share with 20.7%

Jeju Air has secured the highest market share among domestic airlines on the Gimpo-Jeju route, accounting for 20.7% of total passengers between January and August of this year. According to data from the Ministry of Land, Infrastructure and Transport, the airline transported 1,979,360 passengers during this period out of a total of 9,581,651 travelers on the route.

The airline increased its daily flight frequency from 22 to 26 round trips starting March 29, adding approximately 1,500 seats per day. Despite this expansion in capacity, Jeju Air maintained a high load factor of 93.7%, a 2 percentage point increase compared to the same period last year.

Jeju Air has led the monthly passenger count for this route for five consecutive months since April. The airline reported that it is the only domestic low-cost carrier to record over 1 million monthly passengers for eight consecutive months this year, reaching a peak of over 1.2 million passengers in August.

Entities

Jeju Air · Ministry of Land, Infrastructure and Transport