FlyYangYang, rebranded as Fly Gangwon, is a proposed low-cost carrier to be based at Yangyang, Gangwong Province. The company was established in 2016, and applied for authorisation in Dec-2016. Fly Gangwon's application was denied by the Ministry of Land, Infrastructure and Transport, but has submitted a new license application. South Korea MOLIT issued Fly Gangwon a business license on 05-Mar-2019. It is expected to operate on a domestic network from its hub at Yangyang Airport, utilising Boeing 737-800 aircraft. Fly Gangwon received its first aircraft, an 186 seat Boeing 737-800 in Sep-2019.
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