Jeju Air acquires Eastar Jet at a reduced price due to the coronavirus

Jeju Air Co Ltd announced today it would acquire a 51% stake in competitor Eastar Jet for 54.5 billion won ($45.49 million), a lower price than previously announced according to Reuters.

Read the full story on Reuters.

Jeju Air aircraft photo gallery:

Eastar Jet aircraft photo gallery:

Like this:

Like Loading…

This entry was posted in Eastar Jet, Jeju Air and tagged Eastar Jet, Jeju Air on March 2, 2020 by Bruce Drum.

About Bruce Drum

I have started the ultimate digital photo library of the fascinating world of airliners and airlines. The goal is to have the complete history of all airlines and the various aircraft operated. I have been photographing airplanes since 1965. Join us in this adventure.

View all posts by Bruce Drum →

← United makes major cuts for flights to Asia, offers its pilots a month off at reduced pay Cathay Pacific Group has over half of its fleet grounded →

Email Address

Join 3,121 other subscribers

CrashPad411.com - CrashPads, Housing & Rentals

Proudly Serving 44,804 fellow in-flight crew members in 51 cities. With 4,097 temporary and short time, airline rentals, accomodations and CrashPad listings!
www.crashpad411.com

Airline News...

Japan Airlines has officially announced a massive restructuring of its domestic low-cost aviation strategy, confirming that the state-owned Development Bank of Japan will become the major ne ...
Air Zimbabwe will officially resume its highly anticipated scheduled nonstop passenger service between Robert Gabriel Mugabe International Airport in Harare and London Gatwick Airport on Jul ...
Denver is no longer number one: Frontier Airlines has undergone a major network strategy shift by making Hartsfield-Jackson Atlanta International Airport its number one busiest hub for the f ...
Delta Air Lines has reported its financial results for the second (June) quarter of 2026, delivering performance metrics that topped internal guidance despite absorbing the highest quarterly ...
easyJet to be sold: The board of easyJet plc and Apollo Management X, L.P. have reached an agreement in principle on the key financial terms of a possible cash offer by Apollo to acquire the ...

China Southern Air Cargo is set to expand its long-haul freighter fleet with an order for five Boeing 777-8 Freighters and two Boeing 777 Freighters. The agreement also includes options for ...
Delta is significantly expanding service to Las Vegas for CES 2027, adding new nonstop flights from Asia and boosting domestic connectivity during the peak travel window. The centerpiece of ...
VietJet Air’s move into Australia has shifted from exploratory ambition to a concrete, multi‑stage expansion plan, and the latest development — seeking regulatory clearance to establish a ne ...
Parata Air has entered a full emergency management regime after its financial situation deteriorated to the point where normal operations could no longer be sustained. The airline has implem ...
Pulling back due to high fuel costs: Frontier Airlines is undergoing one of its most significant network contractions in years, pulling out of six permanent cities and shutting down 20 route ...

Frontier Airlines will restore its presence in the Bay Area in August 2026 with the relaunch of service to Oakland San Francisco Bay Airport (OAK) as part of a two‑route expansion centered o ...
Transat AT’s (Air Transat) second quarter (Q2) fiscal 2026 results tell a clear story of an airline hit hard by the industry‑wide fuel crisis and the suspension of its Cuba program, producin ...
Porter Airlines is adding Providenciales (PLS) to its expanding winter sun network with two new Canadian gateways, creating another high‑profile leisure route for its growing Embraer E195‑E2 ...
Air Canada has announced the ratification of a new collective bargaining agreement with Unifor, representing approximately 6,000 contact centre, customer relations, concierge, airport in-ter ...
American Airlines announced that it will reach a milestone 100 destinations served across Mexico, the Caribbean and Latin America this winter, reinforcing its position as the largest U.S. ca ...

"Footnotes of Airline Histories" Part 1 (A - I) - Interesting events and stories

Air Hawaii was established in the fall of 1985 by Michael Hartley, who sought to re-enter the competitive West Coast-to-Hawaii passenger market shortly after the closure of his previous vent ...
Air Cortez International was formed in late 1976 by William Schlick and P. S. Promotions as a third-level regional commuter airline. The carrier established its primary operational base at ...
Air 21 began as an idea in early 1994 by the founder of Wings West Airlines, Mark Morro, and airline captain David Miller. Originally incorporated under the name MVP Air, the founders ultim ...
African Safari Airways, widely known as ASA, was founded in August 1967 as an attractive part of a growing vertically integrated tourism ecosystem. The airline was established by Karl Rüdin ...
The airline was founded in 1947 by Australian aviator Harold Gatty, a partner of Amelia Earhart. It was initially known as Katafanga Estates Limited and began as a small charter operation. ...

Air Hawaii was established in the fall of 1985 by Michael Hartley, who sought to re-enter the competitive West Coast-to-Hawaii passenger market shortly after the closure of his previous vent ...
Air Cortez International was formed in late 1976 by William Schlick and P. S. Promotions as a third-level regional commuter airline. The carrier established its primary operational base at ...
Air 21 began as an idea in early 1994 by the founder of Wings West Airlines, Mark Morro, and airline captain David Miller. Originally incorporated under the name MVP Air, the founders ultim ...
African Safari Airways, widely known as ASA, was founded in August 1967 as an attractive part of a growing vertically integrated tourism ecosystem. The airline was established by Karl Rüdin ...
The airline was founded in 1947 by Australian aviator Harold Gatty, a partner of Amelia Earhart. It was initially known as Katafanga Estates Limited and began as a small charter operation. ...

"Footnotes of Airline Histories" Part 2 (J - Z) - Interesting events and stories

National Airlines, the fourth airline to carry the name, emerged in Las Vegas in 1995 as the vision of Michael J. Conway, who had previously co‑founded America West Airlines and brought with ...
The third incarnation of National Airlines emerged from Private Jet Expeditions, a charter carrier founded in 1988 by Jack DeBoer. The company began as a luxury charter operator using a ref ...
The second incarnation of National Airlines emerged in the turbulent early years of U.S. airline deregulation. When Overseas National Airways (ONA), a long‑established charter carrier, ceas ...
National Airlines began in 1934 when George Theodore “Ted” Baker brought his struggling Chicago air‑taxi venture to Florida after winning the U.S. Post Office contract for Air Mail Route 31 ...
Jet Link Holland was established as a Dutch cargo airline in 1998, with its corporate offices in Hoofddorp and its operational base at Amsterdam Schiphol. The airline was backed by Egyptian ...

This Day in Airline History:

On July 10, 1985, Aeroflot flight SU5143, a Tupolev Tu-154B-2 passenger trijet registered as CCCP-85311, crashed near the town of Uchkuduk in the Uzbek Soviet Socialist Republic. The flight ...
On July 10, 2006, Pakistan International Airlines-PIA flight PK688, a scheduled domestic flight operated by a 42-year-old Fokker F27 Friendship Mk. 200 registered as AP-BAL, crashed shortly ...
On July 10, 2002, Swiss International Air Lines flight LX850 was scheduled to fly a domestic-to-international routing from Basel/Mulhouse/Freiburg, Switzerland, to Hamburg, Germany. The flig ...
A Malta Air (Ryanair) Boeing 737-8AS, operating flight FR1879 on behalf of Ryanair, was forced to make an emergency return to Thessaloniki, Greece, on July 10, 2026, after a catastrophic cab ...
On July 9, 1982, Pan American World Airways (Pan Am) flight PA759 was a regularly scheduled domestic passenger service routing from Miami, Florida, to Las Vegas, Nevada, with a scheduled int ...

On July 10, 1985, Aeroflot flight SU5143, a Tupolev Tu-154B-2 passenger trijet registered as CCCP-85311, crashed near the town of Uchkuduk in the Uzbek Soviet Socialist Republic. The flight ...
On July 10, 2006, Pakistan International Airlines-PIA flight PK688, a scheduled domestic flight operated by a 42-year-old Fokker F27 Friendship Mk. 200 registered as AP-BAL, crashed shortly ...
On July 10, 2002, Swiss International Air Lines flight LX850 was scheduled to fly a domestic-to-international routing from Basel/Mulhouse/Freiburg, Switzerland, to Hamburg, Germany. The flig ...
A Malta Air (Ryanair) Boeing 737-8AS, operating flight FR1879 on behalf of Ryanair, was forced to make an emergency return to Thessaloniki, Greece, on July 10, 2026, after a catastrophic cab ...
On July 9, 1982, Pan American World Airways (Pan Am) flight PA759 was a regularly scheduled domestic passenger service routing from Miami, Florida, to Las Vegas, Nevada, with a scheduled int ...

Airline News...Top Stories

World Airline News Top Stories

K2 Airways flight 1732 loses contact and is presumed to have crashed near Karachi
WestJet leads North America in on-time performance for the second month in a row
LATAM Boeing 787 CC-BBD is damaged at Easter Island
Southwest Airlines unveils a new "Louisiana One" on N8977G
Austrian Airlines presents 3D Seatmap for the Boeing 777-200
Air Karachi is set to start operations in 2026
QANTAS' first Airbus A350-1000ULR takes shape at Airbus
Eurowings introduces its "Sky Blue" cabin crew uniforms, phases out the Germanwings uniforms
Spirit Airlines goes bananas
AerCap has signed lease agreements with China Southern Air Logistics Co. Ltd. (China Southern Airlines Cargo) for three Boeing 777-300ERSF converted freighter aircraft.

Hot New Photos

Hot New Photos – The Top 100

Airliners Gallery - RSS

Hot New Photos – Top 100

China Cargo Airlines’ pictured 2026 Shanghai Museum promotional livery on Boeing 777F B‑221S is a minimalist cultural‑themed design that first appeared in May 2026, when the aircraft was see ... June 26, 2026
Bruce Drum (AirlinersGallery.com)China Cargo Airlines’ pictured 2026 Shanghai Museum promotional livery on Boeing 777F B‑221S is a minimalist cultural‑themed design that first appeared in May 2026, when the aircraft was seen at Shanghai Pudong after repainting. Instead of a full‑body special scheme, the aircraft remains mostly white, with the artwork concentrated on the rear fuselage, giving […]
2026 Toronto Blue Jays logo jet: WestJet on June 23, 2026 celebrated the renewal of its long-standing partnership with the Toronto Blue Jays by taking it to new heights – 35,000 feet to be e ... June 26, 2026
Bruce Drum (AirlinersGallery.com)2026 Toronto Blue Jays logo jet: WestJet on June 23, 2026 celebrated the renewal of its long-standing partnership with the Toronto Blue Jays by taking it to new heights – 35,000 feet to be exact. The airline unveiled a specially designed co-branded Toronto Blue Jays Boeing 737 MAX 8 aircraft, connecting fans in communities across […]
"100 Years" logo. The saga of United Airlines returning its brand-new flagship widebody to the manufacturer has become one of the most talked-about stories in commercial aviation this month. ... June 22, 2026
Bruce Drum (AirlinersGallery.com)"100 Years" logo. The saga of United Airlines returning its brand-new flagship widebody to the manufacturer has become one of the most talked-about stories in commercial aviation this month. The aircraft involved is the pictured Boeing 787-9 Dreamliner, registration N61101. Delivered new from Boeing’s Charleston facility on February 27, 2026, this specific airframe […]
Alaska Airlines on June 10, 2026 unveiled this special Seattle FIFA World Cup 2026™ host‑city livery on the pictured Boeing 737‑9 MAX N985AK, created in partnership with the Seattle Local Or ... June 22, 2026
Bruce Drum (AirlinersGallery.com)Alaska Airlines on June 10, 2026 unveiled this special Seattle FIFA World Cup 2026™ host‑city livery on the pictured Boeing 737‑9 MAX N985AK, created in partnership with the Seattle Local Organizing Committee. The design incorporates the Seattle Host City logo, a stylized soccer ball in motion, and Alaska’s whale‑tail imagery, with a bold […]
Updated 2026 "Freedom One" with "America 250" sticker June 22, 2026
Bruce Drum (AirlinersGallery.com)Updated 2026 "Freedom One" with "America 250" sticker
The new pictured STARLUX Airlines Airbus A350‑1041 F‑WZNI, to be delivered as B‑58553, carries the striking “AIRSORAYAMA SILVER” special livery—a collaboration between STARLUX and Japanese a ... June 20, 2026
Bruce Drum (AirlinersGallery.com)The new pictured STARLUX Airlines Airbus A350‑1041 F‑WZNI, to be delivered as B‑58553, carries the striking “AIRSORAYAMA SILVER” special livery—a collaboration between STARLUX and Japanese artist Hajime Sorayama, renowned for his futuristic metallic aesthetic. This aircraft represents the second major art‑themed livery in STARLUX’s fleet, following the earlier “Carbon Fiber” design on B‑58551. […]
"Malazgirt" - Turkish Airlines introduced the pictured “Nexus of the World” special livery on Airbus A330‑303 TC‑JOD in April 2015, unveiling it as a visual centerpiece for the airline’s cam ... June 19, 2026
Bruce Drum (AirlinersGallery.com)"Malazgirt" - Turkish Airlines introduced the pictured “Nexus of the World” special livery on Airbus A330‑303 TC‑JOD in April 2015, unveiling it as a visual centerpiece for the airline’s campaign promoting Istanbul as the natural global crossroads for international travel. The rollout coincided with Turkish Airlines’ rapid long‑haul expansion and its marketing push […]
To celebrate America's 250th anniversary, United's new specialty livery takes to the skies this summer on a U.S.-built Boeing 787-10 (the pictured N91007) and Boeing 737-800 (N78285). Painte ... June 16, 2026
Bruce Drum (AirlinersGallery.com)To celebrate America's 250th anniversary, United's new specialty livery takes to the skies this summer on a U.S.-built Boeing 787-10 (the pictured N91007) and Boeing 737-800 (N78285). Painted in Amarillo, Texas, the bold red, white and blue design features 50 stars representing states across the country, while diagonal red and white stripes reflect the […]
The pictured YR-HAA was wet leased from Hello Jets of Romania on May 27, 2026. The A320 displays the 2026 revised livery for TAROM. June 13, 2026
Bruce Drum (AirlinersGallery.com)The pictured YR-HAA was wet leased from Hello Jets of Romania on May 27, 2026. The A320 displays the 2026 revised livery for TAROM.
Royal Air Maroc's pictured Boeing 787-9 Dreamliner, registered as CN-RGY, flares beautifully over the runway as it touches down, sporting its brand-new "Go Lions 2026" special markings. Pain ... June 10, 2026
Bruce Drum (AirlinersGallery.com)Royal Air Maroc's pictured Boeing 787-9 Dreamliner, registered as CN-RGY, flares beautifully over the runway as it touches down, sporting its brand-new "Go Lions 2026" special markings. Painted to transport the Moroccan National Football Team to North America for the 2026 FIFA World Cup. The Atlas Lions — Morocco’s national football team — […]
The "Book Cabin" special livery worn by the pictured Lion Air’s Boeing 737-9GP ER, registered as PK-LSO, serves as a high-profile flying billboard created to promote the Lion Air Group's uni ... June 9, 2026
Bruce Drum (AirlinersGallery.com)The "Book Cabin" special livery worn by the pictured Lion Air’s Boeing 737-9GP ER, registered as PK-LSO, serves as a high-profile flying billboard created to promote the Lion Air Group's unified online travel application and ecosystem. BookCabin is an integrated booking platform and mobile app designed for the Indonesian market, allowing passengers to […]
On May 28, 2026 QANTAS Airways made this announcement: Qantas' newest Airbus A321XLR has rolled out of Airbus' paint shop in Hamburg, Germany, showcasing a livery inspired by one of the seve ... June 5, 2026
Bruce Drum (AirlinersGallery.com)On May 28, 2026 QANTAS Airways made this announcement: Qantas' newest Airbus A321XLR has rolled out of Airbus' paint shop in Hamburg, Germany, showcasing a livery inspired by one of the seven natural wonders of the world; the Great Barrier Reef. Named Coral Sea, the aircraft is the seventh of 48 next generation […]
"Prince El Hassan Bin Talal", first 787-9, acquired on March 6, 2026 June 2, 2026
Bruce Drum (AirlinersGallery.com)"Prince El Hassan Bin Talal", first 787-9, acquired on March 6, 2026
The pictured "Fresh Flash" livery on China Cargo Airlines' brand-new Boeing 777F, registered as B-228S, represents a major promotional collaboration showcasing the airline’s high-tech logist ... June 2, 2026
Bruce Drum (AirlinersGallery.com)The pictured "Fresh Flash" livery on China Cargo Airlines' brand-new Boeing 777F, registered as B-228S, represents a major promotional collaboration showcasing the airline’s high-tech logistics capabilities. Officially designated as the "China Eastern Airlines Cold Chain · Origin Direct" theme plane, this specialized livery was rolled out to promote the carrier's dedicated, temperature-controlled supply […]
Alaska Airlines announced on May 29, 2026: For over 30 years, audiences around the world have followed the beloved toy crew of Woody, Buzz Lightyear and Jessie, who taught generations that f ... June 2, 2026
Bruce Drum (AirlinersGallery.com)Alaska Airlines announced on May 29, 2026: For over 30 years, audiences around the world have followed the beloved toy crew of Woody, Buzz Lightyear and Jessie, who taught generations that friendship, magic and imagination never go out of style. Now, as Disney and Pixar’s highly anticipated “Toy Story 5” prepares to soar […]
This special livery was commissioned by Avianca to celebrate and support the Colombian National Football Team as they head into the 2026 FIFA World Cup. As the federation's official airline ... June 1, 2026
Bruce Drum (AirlinersGallery.com)This special livery was commissioned by Avianca to celebrate and support the Colombian National Football Team as they head into the 2026 FIFA World Cup. As the federation's official airline sponsor, Avianca created this flying billboard to carry national pride across the Americas, serving as a dedicated charter transport for the team and […]
Qatar Airways on May 25, 2026 officially unveiled its FIFA special livery aircraft on this Boeing 777-300 ahead of the FIFA World Cup 2026™, celebrating the airline’s longstanding partnershi ... May 30, 2026
Bruce Drum (AirlinersGallery.com)Qatar Airways on May 25, 2026 officially unveiled its FIFA special livery aircraft on this Boeing 777-300 ahead of the FIFA World Cup 2026™, celebrating the airline’s longstanding partnership with FIFA and its continued role in connecting fans, teams, and global football communities worldwide. Building on the legacy of the FIFA World Cup […]
Southwest Airlines introduced the pictured “Liberty One” America 250 commemorative livery on April 24, 2024, unveiling it at Dallas Love Field on Boeing 737‑8 MAX 8 N8719Q. The aircraft was ... May 27, 2026
Bruce Drum (AirlinersGallery.com)Southwest Airlines introduced the pictured “Liberty One” America 250 commemorative livery on April 24, 2024, unveiling it at Dallas Love Field on Boeing 737‑8 MAX 8 N8719Q. The aircraft was painted as part of Southwest’s partnership with the America250 Commission, created to mark the upcoming 250th anniversary of the United States in 2026. The design features […]
Nile Air introduced this striking "Egyptian Sun" livery on A320 SU-BQR in March 2026. May 26, 2026
Bruce Drum (AirlinersGallery.com)Nile Air introduced this striking "Egyptian Sun" livery on A320 SU-BQR in March 2026.
"150th Boeing 767" logo May 22, 2026
Bruce Drum (AirlinersGallery.com)"150th Boeing 767" logo