Incheon Airport plans major private jet hub

SEOUL, November 14 (AJP) - Incheon International Airport plans to develop South Korea's largest business aviation complex, spanning 170,000 square meters, with a dedicated private jet terminal and aircraft hangars, the airport operator said Saturday. Developers will be invited to submit bids for the project by Dec. 22. 

The privately funded project targets opening the terminal in 2028 and completing hangar facilities by 2030. The airport forecasts business aircraft arrivals will rise from 943 in 2030 to 4,611 in 2040. Incheon International Airport Corp. aims to establish the world's third-largest business aviation complex, expanding its services beyond commercial passenger flights.

Tags: South Korea, Incheon International Airport, Aviation, Private Jets, Business Aviation, Airport Development, Infrastructure, Aircraft Hangars, Airport Services, Private Investment, Transportation, Incheon, Aviation Industry