South Korea’s largest low-cost carrier, rooted in Jeju Island and a listed AK Holdings affiliate.
A Jeju Air Boeing 737-800 crashed after landing gear failed to deploy at Muan International Airport. Investigators found bird-strike traces in engines and the plane’s black boxes stopped four minutes before impact. Authorities accuse seven officials of falsifying statements about localizers; the incident remains the deadliest in Korea since 1997.