StockWaves
  • Home
  • Global Markets
    Global MarketsShow More
    Key metrics from McCormick & Firm’s (MKC) Q2 2025 earnings outcomes
    Key metrics from McCormick & Firm’s (MKC) Q2 2025 earnings outcomes
    1 Min Read
    3 probably scorching UK shares to think about shopping for in July
    3 probably scorching UK shares to think about shopping for in July
    4 Min Read
    Household places of work double down on non-public credit score and infrastructure
    Household places of work double down on non-public credit score and infrastructure
    5 Min Read
    U.S. economic system shrank at 0.5% charge within the first quarter
    U.S. economic system shrank at 0.5% charge within the first quarter
    0 Min Read
    Walgreens Boots Alliance (WBA) Q3 2025 Earnings: Key financials and quarterly highlights
    Walgreens Boots Alliance (WBA) Q3 2025 Earnings: Key financials and quarterly highlights
    1 Min Read
  • Investment Strategies
    Investment StrategiesShow More
    Gold gone chilly: The 0 return intervals nobody is speaking about
    Gold gone chilly: The 0 return intervals nobody is speaking about
    0 Min Read
    NFO interval extension for Union Low Length Fund
    NFO interval extension for Union Low Length Fund
    0 Min Read
    Fund supervisor adjustments in few funds of DSP Mutual Fund
    Fund supervisor adjustments in few funds of DSP Mutual Fund
    0 Min Read
    HDB Monetary IPO attracts combined bets on Day 2
    HDB Monetary IPO attracts combined bets on Day 2
    0 Min Read
    MTNL share worth zooms over 15% on asset buzz
    MTNL share worth zooms over 15% on asset buzz
    0 Min Read
  • Market Analysis
    Market AnalysisShow More
    3 massive caps nonetheless low-cost after a three-yr rally of as much as 41%
    3 massive caps nonetheless low-cost after a three-yr rally of as much as 41%
    0 Min Read
    HDB Monetary Providers IPO subscribed 1.16 occasions on Day 2; Verify newest GMP, subscription standing, different particulars
    HDB Monetary Providers IPO subscribed 1.16 occasions on Day 2; Verify newest GMP, subscription standing, different particulars
    0 Min Read
    Easy methods to construct a portfolio with index funds
    Easy methods to construct a portfolio with index funds
    0 Min Read
    Classes for a Safe Future — Our Wealth Insights
    Classes for a Safe Future — Our Wealth Insights
    12 Min Read
    Rupee hits two-week excessive as US greenback weakens on Trump’s assault on Fed chief Jerome Powell
    Rupee hits two-week excessive as US greenback weakens on Trump’s assault on Fed chief Jerome Powell
    2 Min Read
  • Trading
    TradingShow More
    AI Is Already Dashing Up Discoveries In Chemistry And Physics, However Satya Nadella Says The Actual Breakthrough Will Come When We Add Quantum Computing To The Combine – Alphabet (NASDAQ:GOOG), Alphabet (NASDAQ:GOOGL)
    AI Is Already Dashing Up Discoveries In Chemistry And Physics, However Satya Nadella Says The Actual Breakthrough Will Come When We Add Quantum Computing To The Combine – Alphabet (NASDAQ:GOOG), Alphabet (NASDAQ:GOOGL)
    4 Min Read
    Trump’s ‘Massive Lovely Invoice’ To Inject 0 Billion Into Immigration Enforcement Over The Subsequent 4 Years: Report
    Trump’s ‘Massive Lovely Invoice’ To Inject $150 Billion Into Immigration Enforcement Over The Subsequent 4 Years: Report
    3 Min Read
    Microsoft CEO Satya Nadella Praises Palantir’s FDE Mannequin As ‘Improbable’—Insiders Say It is Not Consulting, It Builds ‘The Product Prospects Want’ – JPMorgan Chase (NYSE:JPM), Salesforce (NYSE:CRM)
    Microsoft CEO Satya Nadella Praises Palantir’s FDE Mannequin As ‘Improbable’—Insiders Say It is Not Consulting, It Builds ‘The Product Prospects Want’ – JPMorgan Chase (NYSE:JPM), Salesforce (NYSE:CRM)
    3 Min Read
    Prime Wall Road Forecasters Revamp Walgreens Expectations Forward Of Q3 Earnings – Walgreens Boots Alliance (NASDAQ:WBA)
    Prime Wall Road Forecasters Revamp Walgreens Expectations Forward Of Q3 Earnings – Walgreens Boots Alliance (NASDAQ:WBA)
    3 Min Read
    Mark Zuckerberg’s Meta Beats Lawsuit Over AI Coaching On Books, Decide Finds ‘No Significant Proof On Market Dilution’ – Comcast (NASDAQ:CMCSA), Amazon.com (NASDAQ:AMZN)
    Mark Zuckerberg’s Meta Beats Lawsuit Over AI Coaching On Books, Decide Finds ‘No Significant Proof On Market Dilution’ – Comcast (NASDAQ:CMCSA), Amazon.com (NASDAQ:AMZN)
    3 Min Read
Reading: South Korea to examine airline operation system after Jeju Air crash
Share
Font ResizerAa
StockWavesStockWaves
  • Home
  • Global Markets
  • Investment Strategies
  • Market Analysis
  • Trading
Search
  • Home
  • Global Markets
  • Investment Strategies
  • Market Analysis
  • Trading
Follow US
2024 © StockWaves.in. All Rights Reserved.
StockWaves > Global Markets > South Korea to examine airline operation system after Jeju Air crash
Global Markets

South Korea to examine airline operation system after Jeju Air crash

StockWaves By StockWaves Last updated: December 30, 2024 3 Min Read
South Korea to examine airline operation system after Jeju Air crash
SHARE


South Korea’s performing President Choi Sang-mok has ordered the transport ministry to hold out an emergency security inspection of the nation’s airline operation system, native information company Yonhap reported Monday.

Choi was talking at a catastrophe management assembly in Seoul, after a Jeju Air flight crashed on the nation’s Muan Worldwide Airport on Sunday, resulting in 179 fatalities with simply two survivors, making it the deadliest air accident in South Korea.

 “The pilot declared mayday after issuing the chicken strike alert,” mentioned Joo Jong-wan, director of aviation coverage division on the Ministry of Land, Infrastructure and Transport.

Choi pledged that the federal government would “spare no effort” in supporting the bereaved households, and declared a seven-day mourning interval for the nation.

At a press briefing on Sunday, Jeju Air’s head of the administration help workplace Tune Kyung-hoon mentioned the airline would help the victims and their households, and that the plane was lined by a $1 billion insurance coverage, reported Yonhap.

Addressing reviews {that a} chicken strike was the reason for the crash, Jeju Air CEO Kim E-bae neither confirmed nor denied it.

“At the moment, the precise reason behind the accident has but to be decided, and we should anticipate the official investigation by authorities businesses,” Kim mentioned in a Sunday assertion.

Tune dismissed accusations that mechanical faults or insufficient security preparations performed a task within the crash.

“This crash isn’t about any upkeep points. There may be completely no compromise with regards to sustaining plane,” Tune mentioned.

On Monday, a Jeju Air flight reportedly returned to Gimpo Worldwide Airport shortly after taking off as a result of the same concern with the aircraft’s touchdown gear was detected.

The accident comes at a politically fraught time for South Korea.

Choi is the nation’s second performing president in a month. He assumed the position after performing President Han Duck-soon was impeached on Friday by lawmakers over his reluctance to nominate three justices to the Constitutional Courtroom trying into the impeachment of former President Yoon Suk Yeol.

Yoon was impeached a mere simply weeks again, after imposing martial regulation for six hours firstly of the month for the primary time because the navy coup of 1979. 

Shares of Jeju Air hit an all-time low Monday, in keeping with FactSet information, and have been final down 8.53%. Different Korean airways’ shares have been risky.

Sign Up For Daily Newsletter

Be keep up! Get the latest breaking news delivered straight to your inbox.

By signing up, you agree to our Terms of Use and acknowledge the data practices in our Privacy Policy. You may unsubscribe at any time.
Share This Article
Facebook Twitter Copy Link Print
Previous Article Doge Jones Industrial Common and Wasabi Convey Built-in Staking & Leverage Buying and selling to Meme Financial system Doge Jones Industrial Common and Wasabi Convey Built-in Staking & Leverage Buying and selling to Meme Financial system
Next Article 5 Ashish Kacholia shares which have delivered as much as 339% returns in 2024 5 Ashish Kacholia shares which have delivered as much as 339% returns in 2024
Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

FacebookLike
TwitterFollow
PinterestPin
InstagramFollow

Subscribe Now

Subscribe to our newsletter to get our newest articles instantly!

Most Popular
Moonveil Units To Launch Its NFT Gaming Coin This Fri, June 27
Moonveil Units To Launch Its NFT Gaming Coin This Fri, June 27
June 26, 2025
Shares to purchase for long run: Analysts suggest 6 largecap, 1 smallcap scrips; Avenue Supermarts, LIC on the checklist
Shares to purchase for long run: Analysts suggest 6 largecap, 1 smallcap scrips; Avenue Supermarts, LIC on the checklist
June 26, 2025
ET Market Watch: Sensex up 1,000 factors; greenback drops, oil cools, ceasefire kicks in
ET Market Watch: Sensex up 1,000 factors; greenback drops, oil cools, ceasefire kicks in
June 26, 2025
Key metrics from McCormick & Firm’s (MKC) Q2 2025 earnings outcomes
Key metrics from McCormick & Firm’s (MKC) Q2 2025 earnings outcomes
June 26, 2025
3 massive caps nonetheless low-cost after a three-yr rally of as much as 41%
3 massive caps nonetheless low-cost after a three-yr rally of as much as 41%
June 26, 2025

You Might Also Like

Bitcoiners take a victory lap as crypto holds up effectively throughout market turmoil
Global Markets

Bitcoiners take a victory lap as crypto holds up effectively throughout market turmoil

7 Min Read
The FTSE 100 is up 60% in 5 years. Right here’s why — and a giant lesson!
Global Markets

The FTSE 100 is up 60% in 5 years. Right here’s why — and a giant lesson!

5 Min Read
Oil loading slows at Venezuela's ports amid US tariffs, license termination, information reveals
Global Markets

Oil loading slows at Venezuela's ports amid US tariffs, license termination, information reveals

0 Min Read
Trump says he doesn’t need to see US Metal go to Japan
Global Markets

Trump says he doesn’t need to see US Metal go to Japan

1 Min Read

Always Stay Up to Date

Subscribe to our newsletter to get our newest articles instantly!

StockWaves

We provide tips, tricks, and advice for improving websites and doing better search.

Latest News

  • About Us
  • Contact Us
  • Privacy Policy
  • Terms Of Service

Resouce

  • Blockchain
  • Business
  • Economics
  • Financial News
  • Global Markets
  • Investment Strategies
  • Market Analysis
  • Trading

Trending

Moonveil Units To Launch Its NFT Gaming Coin This Fri, June 27
Shares to purchase for long run: Analysts suggest 6 largecap, 1 smallcap scrips; Avenue Supermarts, LIC on the checklist
ET Market Watch: Sensex up 1,000 factors; greenback drops, oil cools, ceasefire kicks in

2024 © StockWaves.in. All Rights Reserved.

Welcome Back!

Sign in to your account

Not a member? Sign Up