Jeju Air, One Month Since Incheon-Ulaanbaatar Route Launch... Average Load Factor 82%

[Asia Economy Reporter Yoo Hyun-seok] Jeju Air's Incheon~Ulaanbaatar route recorded an average load factor of over 80% during its first month of operation.

According to Jeju Air on the 8th, the airline began operating the Incheon~Ulaanbaatar route four times a week starting June 29, utilizing the traffic rights allocated by the Ministry of Land, Infrastructure and Transport in April. Up to last month, a total of 38 flights were operated on this route, carrying 5,906 passengers and achieving a load factor of 82.2%.

In particular, since Jeju Air's launch of flights to Mongolia, there has been a remarkable increase in both the number of flights and passengers on the Incheon~Ulaanbaatar route. According to the Ministry of Land, Infrastructure and Transport's Aviation Information Portal System, domestic airlines including Jeju Air operated 156 flights last month, transporting 26,727 passengers. Compared to January this year, when 24 flights carried 2,177 passengers, the number of flights increased by 550% and passengers by 1,128%. With Jeju Air's August reservation rate reaching the mid-80% range and entering the peak vacation season and ideal travel period to Mongolia, the number of travelers visiting Mongolia is expected to increase further.

Mongolia is the world's second-largest landlocked country and a UNESCO-designated country of pristine world natural heritage. It is an ideal destination for travelers seeking unique experiences, featuring the Terelj National Park with its striking rock formations, the Bayan Zag dinosaur fossil excavation site, and the Ice Valley of Yolyn Am in the middle of the desert where visitors can see ice.

Additionally, experiencing the traditional culture of Mongolian nomads living with horses on the vast grasslands and stargazing the Milky Way and constellations at one of the world's top three astronomical observation sites offer travelers a special experience. Mongolia allows visa-free entry and travelers can visit freely regardless of COVID-19 vaccination status.

A Jeju Air official said, “With Jeju Air's launch of the Incheon~Mongolia route, a true multi-airline system has been established, enabling consumers to travel to Mongolia at more affordable prices. Based on safe operations, we will lead the popularization of travel to Mongolia by enhancing consumer benefits through differentiated fares and services.”