Jeju Air (7C, Jeju) is considering an Initial Public Offering (IPO), possibly in 2014, to help fund an ambitious expansion programme needed to meet growing travel demand in the Asia-Pacific region. According to CEO Choi Kyu Nam, the airline plans to add three aircraft a year until 2016 to add to its current thirteen-strong fleet of B737-800s used on flights to Thailand, the Philippines, Japan, Guam, Vietnam, Hong Kong and China. "I hope we'll be able to do the IPO soon," Choi said in an interview, without saying how much the Jeju, South Korea-based company aims to raise. "It won't happen this year."