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Home > South Korea > article

Jeju Air to be listed in March 2015: sources

Park Sae-jin Reporter(swatchsjp@ajunews.com) | Posted : December 1, 2014, 09:43 | Updated : December 1, 2014, 09:43
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South Korean budget carrier Jeju Air will go public on the country’s main bourse early next year, industry sources said Monday.

Aekyung Group, the largest shareholder of the low-cost airline, has selected Woori Investment and Securities Co. as the preferred bidder to manage its stock listing scheduled for March next year, the sources said. 

Aekyung has a 81.7 percent stake in the budget carrier based in Jeju City on the southern resort island of Jeju, while the Jeju provincial government takes a 4.54 percent stake.

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