South Korea is investigating the crash of a Jeju Air Boeing 737-800 jet on December 29 at Muan International Airport that killed 179 people, in the deadliest air disaster on the country's soil.

Shares of AK Holdings, the holding company for Jeju Air, fell 12% to hit a 16-year low, the Associated Press reported. Korean Air Lines shares dropped 1.3%, while Asiana Airlines fell 0.8%.

Jeju Air, a budget airline from South Korea operating routes across Asia, has experienced a crash before; a smaller passenger plane overshot a runway in South Korea in 2007, resulting in no ...

Families of victims from the Jeju Air plane that crashed in December have filed a criminal complaint against 15 people including South Korean government officials and airline safety ...

A Jeju Air passenger plane carrying about 180 people crashed at Muan Airport in southern South Korea, killing at least 60 people after malfunctioning landing gear caused it to veer off the runway ...

South Korea’s acting President Choi Sang-mok on Monday ordered the transport ministry to carry out an emergency safety inspection of the country’s airline operation system. Jeju Air CEO Kim E ...