Market Chatter: South Korea Orders Inspections of Boeing Planes Following Deadly Crash

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Market Chatter: South Korea Orders Inspections of Boeing Planes Following Deadly Crash

MT Newswires Live2024-12-30

Boeing Company (BA) planes operated by all airlines in South Korea will be inspected by the country's transport ministry following the crash of one of the plane maker's 737-800 aircraft, Reuters reported Monday.

A Jeju Air Boeing 737-800 crashed Sunday at Muan International Airport, killing 179 people on board.

"As soon as the accident recovery is conducted, the transport ministry is requested to conduct an emergency safety inspection of the entire aircraft operation system to prevent recurrence of aircraft accidents," acting President Choi Sang-mok said, according to media reports.

Boeing did not immediately respond to a request for comment from MT Newswires.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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