Jin Air's sales and operating profit in 2023 will be 'highest ever' = South Korea

South Korea's low-cost carrier (LCC) Jin Air announced on the 17th, ``Last year's revenue was 1.2772 trillion won (approximately 140.293 billion yen), an increase of 115% compared to the previous year.''
Last year's sales, operating income, and net income reached record highs on an annual basis since its establishment in 2008. Sales amount is 593.4 billion won (approximately 65.18 billion yen) in 202211
This was an increase of 5%, and an increase of 40.3% from 910.9 billion won (approximately 100.057 billion yen) in 2019, which was before the COVID-19 virus outbreak.
Operating income and net income were 181.6 billion won (approximately 19.95 billion yen) and 135.8 billion won (approximately 14.917 billion yen), respectively.
) recorded a surplus for the first time in four years since 2019. In addition, operating profit reached an all-time high of 14%. This is due to the fact that the COVID-19 pandemic has ended and that last year there has been an increase in efficient air service.
This is the result of a significant increase in passenger performance by proactively responding to demand recovery through salary adjustments. According to South Korea's Ministry of Land, Infrastructure, Transport and Tourism, the number of passengers on Jin Air was approximately 98 last year.
30,000 people, a new record high. This is a figure equivalent to 113% in 2019. Jin Air says, ``Through efficient aircraft operations, route diversification, and detailed demand forecasting,
"We will maintain our competitive advantage and focus on improving the highest level of safety and service. We will proactively respond to the restructuring of the airline industry and continue to build a foundation for growth."