Eznis Airways

What Eznis Airways does

Eznis Airways LLC is a privately held Mongolian airline founded in 2006 in Ulaanbaatar, operating scheduled passenger flights, charter services, ACMI (aircraft, crew, maintenance, insurance) wet-lease operations, and cargo transportation. Its fleet of three aircraft comprises one Airbus A330-200 wide-body (256 seats: 20 business, 17 premium economy, 219 economy) and two Boeing 737-700 narrow-bodies (142 and 149 seats). The airline serves domestic routes (Ulaanbaatar-Choibalsan) and international routes to Prague, Hong Kong, Cheongju, and Busan, and has operated ACMI flights to Africa with B737-700 aircraft since November 2022.

Its core technology stack includes a digital booking platform at book.eznis.com, online check-in, seat selection, and e-ticket management, alongside IOSA (IATA Operational Safety Audit) certification evidencing compliance with international airline safety standards. The product portfolio is structured around a tiered fare system: EZ BIRD (basic economy, most restrictive), EZ PLUS (mid-tier flexibility), and EZ BOSS (business class on the A330-200), supplemented by ancillary services such as baggage fees, seat selection, special baggage handling, and cargo/freight services.

The business model combines B2C scheduled passenger ticket sales through direct channels (website, ticket sales center, phone reservations) and indirect channels (travel agents including eztrip.com) with B2B charter and ACMI revenue from corporate and governmental clients. Pricing is per-segment, fare-tiered, and includes ancillary fees for excess baggage and seat selection. Customer segments span individual leisure and business travelers in Mongolia and on outbound international routes, corporate and charter clients requiring flexible aircraft solutions, and freight forwarders using both narrow-body and wide-body cargo capacity. Leadership comprises CEO Oyundelger Dagva and COO Hiroshi Kitahara.

Name

Eznis Airways

Legal name

Eznis Airways LLC (Изинис Эйрвэйз ХХК)

Website

https://eznis.com

Company type

Private

Founded year

2006

Operating status

Operating

Headcount range

51–100 employees

Short description

Eznis Airways is a privately held Mongolian airline founded in 2006, operating scheduled passenger flights, charter services, ACMI wet-lease operations, and cargo transportation from Ulaanbaatar to domestic and international destinations using a mixed Airbus/Boeing fleet.

Ownership category

akta.pro rank

Product category

Air Transportation

NAICS

Scheduled Passenger Air Transportation (481111), Nonscheduled Air Transportation (48121)

SIC

Air Transportation, Scheduled (4512), Air Transportation, Nonscheduled (4522)

akta.pro primary industry

Regional Network Full-Service Airlines (Hub-and-Spoke) (THABAAAC)

akta.pro secondary industry

Long-Haul Full-Service Airlines (Widebody Operators) (THABAAAH)

Keywords

• Scheduled passenger flights
• Aircraft wet lease
• Cargo transportation
• Charter flight services
• Budget airline operations

Headquarters

HQ city

Ulaanbaatar

HQ country

Mongolia

HQ region

Asia

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

Operations, Personnel, Infrastructure, Technology or R&D, Marketing or Sales

Revenue model

1. Passenger Ticket Sales: Core revenue from selling air tickets across multiple fare tiers (EZ BIRD, EZ PLUS, EZ BOSS business class) for scheduled flights on domestic (Ulaanbaatar-Choibalsan) and international routes (Prague, Hong Kong, Cheongju, Busan). Tickets sold via website, phone, ticket offices, and travel agents.
2. Baggage Fees: Revenue from excess baggage charges and additional checked baggage beyond the free allowance included in each fare type. Prepaid baggage and airport-purchased baggage at different price points.
3. Cargo and Freight Services: Revenue from cargo and mail transportation services using both wide-body (A330-200) and narrow-body (Boeing 737-700) aircraft for freight forwarding needs.
4. Charter and ACMI (Wet Lease): Revenue from chartering aircraft with crew (ACMI/wet-lease) operations. Since November 2022, Boeing B737-700 aircraft have been operating ACMI flights to Africa. Airbus A330-200 aircraft serve charter flights to Asia and Europe.
5. Seat Selection and Ancillary Services: Revenue from optional seat selection fees, upgrade fees, and other ancillary services including special baggage items (sports equipment, musical instruments).

Pricing tiers

Go-to-market motion2 records

Distribution channels5 records

Marketing channels5 records

Core offering

Eznis Airways is a Mongolian private airline that provides scheduled passenger air transportation on domestic routes (Ulaanbaatar-Choibalsan) and international routes (Prague, Hong Kong, Cheongju, Busan) using a mixed fleet of Airbus A330-200 and Boeing 737-700 aircraft. The airline also operates passenger and cargo charter services, ACMI/wet-lease operations (notably to Africa since November 2022), and air cargo transportation. Passenger fares are organized into three tiers: EZ BIRD (basic economy), EZ PLUS (mid-tier), and EZ BOSS (business class on the A330-200).

Product overview

Eznis Airways is a budget airline that operates a multi-product portfolio including scheduled passenger flights, charter services, ACMI (wet lease) operations, and cargo services. The airline serves international routes to Prague, Hong Kong, Cheongju, and Busan using its fleet of Airbus A330-200 and Boeing 737-700 aircraft. Its passenger fare products include tiered options: EZ BIRD (basic economy), EZ PLUS (standard), and EZ BOSS (business class on A330-200). Distribution channels include an online booking platform (book.eznis.com) and a physical ticket sales center. The company also provides charter flights to Asia and Europe and ACMI services to Africa using its Boeing 737-700 fleet since November 2022.

Differentiator

Problem solved

Functional benefit

Products and services

• Scheduled Passenger Flights Commercial airline flight services operating on fixed routes including Ulaanbaatar-Choibalsan domestically and international routes to Prague, Hong Kong, Cheongju, and Busan, using a mixed fleet of Airbus A330-200 and Boeing 737-700 aircraft.
• Charter Flights Customized charter flight services to Asia and Europe using Airbus A330-200 aircraft, offering flexible scheduling for groups, corporations, and other organizations.
• ACMI (Aircraft, Crew, Maintenance, Insurance) Wet-Lease Wet-lease services where Eznis Airways provides aircraft, crew, maintenance, and insurance to other operators. Boeing B737-700 aircraft have been operating ACMI flights to Africa since November 2022.
• Cargo and Freight Services Freight and mail transportation services using both wide-body (Airbus A330-200) and narrow-body (Boeing 737-700) aircraft to meet cargo and mail forwarding needs for businesses and individuals.
• EZ BIRD (Basic Economy Fare) Most economical fare tier with the lowest price but most restrictive conditions; limited availability per flight and intended for early bookers seeking the lowest fares.
• EZ PLUS (Standard Fare) Mid-tier fare offering more flexibility and amenities than the EZ BIRD basic economy fare, suited to passengers needing greater booking and change/refund options.
• EZ BOSS (Business Class) Business class service on Airbus A330-200 aircraft offering a dedicated cabin (20 business-class seats), enhanced comfort, more space, and premium experience including waived change fees for certain modifications.

Quantifiable outcome

• Flights operate up to 13,450 km range (A330-200) and 6,500 km range (Boeing 737-700), serving routes from Mongolia to Europe (Prague) and Asia (Hong Kong, South Korea).
• +1 more outcomes

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature1 record

Partnerships

Three partnerships are on record, tiered minor and core.

• Travel Agents and Authorized Sales AgentsminorChannel Partner/ Reseller/ DistributorEznis Airways distributes tickets through a network of contracted travel agents and authorized sales agents in addition to its direct sales channels. Agents can process bookings and reservations on behalf of passengers. Contact through the airline's reservation systems.
• eztrip.comminorChannel Partner/ Reseller/ DistributorThird-party online travel booking platform (eztrip.com) that allows customers to search and book Eznis Airways flights alongside other travel services. The platform serves as an additional distribution channel for ticket sales.
• ACMI and Charter Clients (Africa, Asia, Europe)coreOthersCorporate clients operating ACMI (Aircraft, Crew, Maintenance, Insurance) and charter arrangements with Eznis Airways. Since November 2022, Boeing B737-700 aircraft have been operating ACMI flights to Africa. Airbus A330-200 aircraft serve charter flights to Asia and Europe.

Scale indicators3 records

Recent moves4 records

Expansion highlights4 records

Broad incumbents

• T'way Air: South Korean low-cost carrier operating a broader domestic and international network including routes to Mongolia. It is a larger, more established competitor with deeper distribution and brand recognition on the Korean–Mongolia corridor.
• Korean Air: South Korea's flag carrier with an extensive intercontinental network. Competes with Eznis on Korean outbound/inbound traffic via codeshare and direct service to Mongolia and serves as the incumbent benchmark for any long-haul ambitions into Seoul/Incheon.
• Jeju Air: Largest South Korean low-cost carrier with a broad domestic and international network. Comparable to Eznis in low-cost carrier model and to T'way as a Korean incumbent that competes for connecting traffic into Mongolia and broader Asia.

Direct peers

• Air Busan: South Korean low-cost carrier based at Gimhae International Airport serving Busan. It is a direct competitor on the Ulaanbaatar–Busan route Eznis inaugurated in 2024 and shares a comparable narrowbody LCC operating profile.
• MIAT Mongolian Airlines: State-owned flag carrier of Mongolia operating scheduled international passenger service from its Ulaanbaatar hub to Asia and Europe. It is the closest direct competitor to Eznis on both domestic routes and the international long-haul spokes (e.g., Korea, Europe).
• Hunnu Air: Mongolian regional airline offering scheduled domestic and limited international passenger service. Comparable in scale and mission to Eznis, competing for the same Mongolian origin-and-destination traffic and charter work.
• Avia Solutions Group: Global ACMI, charter and leasing group whose subsidiaries (including SmartLynx) provide wet-lease capacity worldwide. Relevant benchmark for Eznis's ACMI business line and for the economics of leasing narrowbody/widebody metal globally.
• SmartLynx Airlines: European ACMI/wet-lease and charter specialist operating Boeing 737 and Airbus A320 family aircraft for other airlines. Highly comparable to Eznis's ACMI Africa operations and charter revenue streams, both in business model and aircraft type.
• Aero Mongolia: Mongolian carrier operating scheduled domestic and international services from Ulaanbaatar. Directly comparable in business model and route footprint, and an in-market competitor for both passengers and charter contracts.

Regional players

• Smartwings (Czech Airlines successor): Czech-based carrier operating scheduled and charter services from Prague. Directly relevant as a peer for Eznis's newly launched Prague route and as a benchmark for European point-to-point/charter economics from a Central European base.

Market position

Strengths4 records

Weaknesses5 records

Competitive moat3 records

Key risks6 records

Key highlights6 records

Customer concentration

• Xx.com/eznisofficial
• Facebookfacebook.com/EznisAirwaysOfficial

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Eznis Airways