Korean Air Invests 176 Billion KRW in New Hangar

Korean Air, in partnership with Incheon International Airport Corporation (IIAC), will invest 176 billion KRW to construct a new hangar in the HighTech Aviation Complex at Incheon International Airport.
On the 24th, Korean Air signed an implementation agreement with IIAC at the Grand Hyatt Incheon for the 'HighTech Aviation Complex Maintenance Facility (H3) Development Project.' The ceremony was attended by Kee Hong Woo, Vice President of Korean Air, Lee Hak-jae, President of IIAC, and around 90 government officials, local authorities, lawmakers, and related personnel.
This agreement aims to establish optimal maintenance facilities capable of supporting the safe and efficient servicing of approximately 300 aircraft, following the launch of integrated full-service carriers (FSC) and low-cost carriers (LCC).
Kee Hong Woo, Vice President of Korean Air, emphasized, "A maintenance hangar is not just a building but a cradle of safety, and it is an essential infrastructure to uphold Korean Air’s top priority of 'absolute safety.' He added, "From the design stage, we will ensure the new hangar becomes the most comfortable and safest maintenance base, setting a new standard for aviation safety."
The new hangar will be constructed on a 69,299-square-meter site within the HighTech Aviation Complex at Incheon International Airport. It will be capable of accommodating and servicing two medium-to-large aircraft and one small aircraft simultaneously. Construction is set to begin in 2027, with operations targeted for the end of 2029. Once completed, the hangar will serve as a center for heavy maintenance and modifications, with about 300 skilled Korean Air maintenance personnel stationed on site.
Through this initiative, Korean Air aims to maintain its world-class maintenance expertise and business capabilities even after the integration of airlines, while strengthening the competitiveness of the national aviation maintenance, repair, and overhaul (MRO) industry as a pivotal 'global MRO hub.'
A Korean Air representative stated, "Korean Air will work closely with IIAC to ensure the smooth progress of this project," adding, "We will continue to pursue change and innovation to become the world’s most beloved airline, based on our 'Safety First' principle."
Korean Air is also pushing ahead with the construction of Asia’s largest engine maintenance plant, valued at 578 billion KRW, on Yeongjong Island, Incheon, and a 1.2 trillion KRW 'Urban Air Mobility (UAM) & Aviation Safety Research and Development Center' in Bucheon, further expanding the safety infrastructure of the integrated airline.


ggg@fnnews.com Kang Gu-gwi Reporter