Established in 2007, Eastar Jet is a low-cost airline based in Seoul, South Korea. The carrier operates to destinations within South Korea as well as international destinations in Asia from Eastar hubs, Seoul and Cheongju. Gimpo International Airport is the carrier's main base. In Mar-2020, JEJU air signed an agreement with Eastar Holdings to acquire a 51.17% stake in Eastar Jet for KRW54.5 billion (USD46 million).
On 04-Feb-2021, Seoul Bankruptcy Court commenced corporate rehabilitation proceedings for Eastar Jet. The LCC is required to submit a corporate rehabilitation plan to the Court by 20-May-2021.
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