Jeju Air to Sell IT Subsidiary Stake in $30 Million Deal
South Korea’s Jeju Air plans to divest its stake in an IT subsidiary in a deal valued at around $30 million, as part of its strategic restructuring efforts.
Jishan Khan 
South Korea’s Jeju Air has announced plans to divest its stake in an IT subsidiary in a transaction valued at approximately $30 million.
The move is seen as part of the airline’s broader effort to streamline operations and focus on its core aviation business. By reducing its involvement in non-core activities, Jeju Air aims to strengthen financial flexibility and improve operational efficiency.
Airlines across Asia have increasingly reviewed subsidiary holdings and support units as they adapt to changing market conditions and competitive pressures. Strategic asset sales can help carriers improve liquidity while sharpening their business focus.
Industry analysts note that such restructuring steps are becoming common as airlines prioritise profitability, cost control, and long-term sustainability in a dynamic aviation environment.
