올윈에어
1 known investors
Allwin Air operates a global travel commerce platform providing travel services and technology, including airline and travel agency API integrations, ancillary airline services, and web/mobile e-commerce interfaces.
Also known as ㈜올윈에어 · Allwin Air · ALLWIN AIR · ALLWINAIR
Investors · 1
Company profile
researched Aug 2026올윈에어 (ALLWIN AIR, ㈜올윈에어) is a Seoul-based travel technology company that describes itself as a global travel commerce platform delivering travel services, technology and convenience. Its technical work centers on airline and travel agency API integration and analysis, airline ancillary services, and e-commerce web interfaces for both mobile and PC [0][1].
The company positions itself in the airline B2B2C segment, stating that it developed AAS (Alpha Air Seat), described as an AI patent engine for seat assignment, and commercialized it globally to provide airlines with a Maximized Revenue Solution (MRS) [2]. Registered business lines include system and application software development and supply, wholesale of records and video products, electronic commerce, domestic and international travel services, and database and online information provision [2]. The corporate website also maintains sections for organization structure, global IP (branch/office status and held patents), careers, and investors [0][1].
Business model
The company supplies travel service technology in an airline B2B2C model, offering airlines a revenue-maximization solution built around its seat-assignment engine while also operating consumer-facing web and mobile e-commerce interfaces and integrating airline and travel agency APIs [0][1][2]. Registered business activities span software development and supply, electronic commerce, domestic and international travel services, and online information/database provision [2].
Revenue is derived from travel technology and services sold to airlines and travel agencies, including ancillary airline services and a revenue-maximization seat-assignment solution, together with electronic commerce and travel agency operations [0][1][2].
Traction
Reported revenue was KRW 120.46 million for 2019, up 1,108% year on year from KRW 9.97 million in 2018, against an operating loss of KRW 1.25 billion and a net loss of KRW 1.30 billion for 2019. Total assets stood at KRW 4.19 billion at 2019-12-31. Headcount is listed at 12 as of the 2026 profile [2].
▸Full profile — market position, technology, go-to-market, geography, history
Market position
The company describes itself as a leading global travel commerce platform [0][1] and as a global leading company in the airline B2B2C field on the basis of its globally commercialized AAS seat-assignment engine [2]. It carries a venture company designation and a NICE credit evaluation grade of "양호" (satisfactory) [2].
The company attributes its differentiation to AAS (Alpha Air Seat), which it presents as the world's first patented AI engine for airline seat assignment, used to deliver a Maximized Revenue Solution to carriers, supported by an in-house patent portfolio [0][1][2].
Technology
Engineering roles indicate a Java/Spring Boot stack with MyBatis, Git/Jenkins/Maven for CI, AWS Aurora (MySQL) as the database, Linux, Nginx/Tomcat on AWS, and supporting components including Redis, RabbitMQ, WebSocket, OAuth and pub-sub messaging. Server-side work covers gateway, channel and RESTful API layers plus airline and travel agency API integration and analysis; front-end work covers airline ancillary services and e-commerce screens in Java/JSP with HTML5 and jQuery for mobile and PC [0][1]. The company states it developed AAS (Alpha Air Seat), characterized as the world's first AI patent engine for seat assignment, and holds patents tracked under a Global IP section [0][1][2].
Go-to-market
Airlines seeking revenue-maximization and ancillary-service capabilities, and travel agencies connected through API integrations, alongside end travelers using the company's web and mobile e-commerce interfaces [0][1][2].
Geography
Headquartered in Seoul, Korea, at 17 Seobinggo-ro, Yongsan-gu (Yongsan Central Park Tower, Suite 906) [2]. The website maintains a Global IP page listing headquarters and branch office status [0][1].
History
The company was established on 2014-02-02 and is classified as a venture company in the shopping mall/open market/social commerce industry category. Reported financials show revenue of KRW 1.14 billion in 2016, KRW 536 million in 2017, KRW 9.97 million in 2018 and KRW 120 million in 2019, with operating losses narrowing from KRW 4.87 billion in 2016 to KRW 1.25 billion in 2019. Paid-in capital was KRW 2.083 billion as of 2019-12-31, with the company also described as having capital of KRW 2.2 billion [2].
Compiled by commissioned research from 5 cited public sources — announcements, filings, and press listed under research sources below.
Key figures
latest reportedCompany-reported or press-reported figures, each dated to when it was claimed — not independently audited.
Timeline · 2
launches, deals, and filings㈜올윈에어 was founded on 2014-02-02 and is registered as a venture company headquartered in Yongsan-gu, Seoul.
The company states it developed AAS (Alpha Air Seat), described as the world's first patented AI engine for airline seat assignment, and commercialized it globally to provide airlines with a Maximized Revenue Solution (MRS).
Dated company events from announcements, filings, and press; legal rows summarize public dockets and regulator releases.
▸Research sources · 5
primary sources listed
- 올윈에어allwinair.com · web
5 public sources were cited for this profile; the first-party ones are listed here.
Frequently asked questions
- What does 올윈에어 do?
- Korean travel commerce technology company providing airline B2B2C services, including an AI seat-assignment patent engine.
- Who are 올윈에어's investors?
- 올윈에어's investors include Laguna Investment.