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Jeju Air Cut Carbon Emissions by Replacing Aircraft Brakes

Jeju Air Cut Carbon Emissions by Replacing Aircraft Brakes

SEOUL, April 29 (Korea Bizwire) — Jeju Air Co. has taken a string of measures to reduce carbon emissions, among others, replacing aircraft brakes to lower aircraft weight and washing aircraft engines. The South Korea’s biggest low-cost carrier said Thursday that it had replaced the steel brakes on 24 planes, including four in 2019, five [...]

Jeju Air to Raise 127 bln Won via Stock Sale for Post-pandemic Biz

Jeju Air to Raise 127 bln Won via Stock Sale for Post-pandemic Biz

SEOUL, Oct. 14 (Korea Bizwire) — Jeju Air Co., South Korea’s biggest budget carrier, said Thursday it will raise 127 billion won (US$107 million) by selling stocks in preparation for the post-coronavirus era. Jeju Air plans to issue 11.26 million shares at 18,350 won per share to employees and existing shareholders from Oct. 18-19 and [...]