10-Aug-2009 11:49 AM

Jeju Air increases revenue by 118% in 1H2009

Jeju Air reportedly increased revenue by 118.3% year-on-year to KRW36.6 billion (USD29.9 million) in the six months ended 30-Jun-09 (heraldm.com/joongangdaily, 10-Aug-09).  The carrier is targeting revenue of KRW57 billion (USD46.6 million) in 2H2009, with the introduction of international services to select East Asian countries where it will face no competition from network carriers.