S Korea orders air safety probe after deadly plane crash

Published On Dec 29, 2024, 11:17 PM

South Korea's acting leader has mandated a nationwide safety inspection of airline operations following a tragic accident in which 179 out of 181 people died in a Jeju Air plane crash at Muan International Airport. The crash is being investigated, and concerns have also been raised around another Jeju Air flight that returned to Seoul due to a mechanical issue. The incident has led to a significant decline in Jeju Air's stock prices, falling about 8% in the wake of the tragedy.

Stock Forecasts

Related News