Search
00
GBAF Logo
trophy
Top StoriesInterviewsBusinessFinanceBankingTechnologyInvestingTradingVideosAwardsMagazinesHeadlinesTrends

Subscribe to our newsletter

Get the latest news and updates from our team.

Global Banking & Finance Review®

Global Banking & Finance Review® - Subscribe to our newsletter

Company

    GBAF Logo
    • About Us
    • Advertising and Sponsorship
    • Profile & Readership
    • Contact Us
    • Latest News
    • Privacy & Cookies Policies
    • Terms of Use
    • Advertising Terms
    • Issue 81
    • Issue 80
    • Issue 79
    • Issue 78
    • Issue 77
    • Issue 76
    • Issue 75
    • Issue 74
    • Issue 73
    • Issue 72
    • Issue 71
    • Issue 70
    • View All
    • About the Awards
    • Awards Timetable
    • Awards Winners
    • Submit Nominations
    • Testimonials
    • Media Room
    • FAQ
    • Asset Management Awards
    • Brand of the Year Awards
    • Business Awards
    • Cash Management Banking Awards
    • Banking Technology Awards
    • CEO Awards
    • Customer Service Awards
    • CSR Awards
    • Deal of the Year Awards
    • Corporate Governance Awards
    • Corporate Banking Awards
    • Digital Transformation Awards
    • Fintech Awards
    • Education & Training Awards
    • ESG & Sustainability Awards
    • ESG Awards
    • Forex Banking Awards
    • Innovation Awards
    • Insurance & Takaful Awards
    • Investment Banking Awards
    • Investor Relations Awards
    • Leadership Awards
    • Islamic Banking Awards
    • Real Estate Awards
    • Project Finance Awards
    • Process & Product Awards
    • Telecommunication Awards
    • HR & Recruitment Awards
    • Trade Finance Awards
    • The Next 100 Global Awards
    • Wealth Management Awards
    • Travel Awards
    • Years of Excellence Awards
    • Publishing Principles
    • Ownership & Funding
    • Corrections Policy
    • Editorial Code of Ethics
    • Diversity & Inclusion Policy
    • Fact Checking Policy
    Original content: Global Banking and Finance Review - https://www.globalbankingandfinance.com

    A global financial intelligence and recognition platform delivering authoritative insights, data-driven analysis, and institutional benchmarking across Banking, Capital Markets, Investment, Technology, and Financial Infrastructure.

    Copyright © 2010-2026 - All Rights Reserved. | Sitemap | Tags

    Editorial & Advertiser disclosure

    Global Banking & Finance Review® is an online platform offering news, analysis, and opinion on the latest trends, developments, and innovations in the banking and finance industry worldwide. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website.

    1. Home
    2. >Finance
    3. >South Korean airport embankment in focus after deadly Jeju Air crash
    Finance

    South Korean Airport Embankment in Focus After Deadly Jeju Air Crash

    Published by Global Banking & Finance Review®

    Posted on December 31, 2024

    4 min read

    Last updated: January 27, 2026

    Add as preferred source on Google
    This image captures the urgency of the aircraft inspection ordered by South Korean authorities after a Boeing 737-800 crash. The focus on safety and regulatory measures highlights the ongoing investigation into the disaster that claimed 179 lives.
    Emergency response and aircraft inspection following South Korea's deadly Boeing 737 crash - Global Banking & Finance Review
    Why waste money on news and opinion when you can access them for free?

    Take advantage of our newsletter subscription and stay informed on the go!

    Subscribe

    Quick Summary

    The Jeju Air crash at Muan Airport raises safety concerns over embankment placement, prompting investigations and reviews of safety standards.

    Safety Concerns Rise After Jeju Air Crash at Muan Airport

    By Hyonhee Shin and Joyce Lee

    SEOUL/MUAN COUNTY, SOUTH KOREA (Reuters) - Air safety experts on Tuesday questioned the placement of an airport embankment into which a South Korean passenger jet slammed after skidding past the end of the runway, resulting in the country's deadliest domestic air disaster.

    All 175 passengers and four of the six crew were killed on Sunday when the Jeju Air plane belly-landed at Muan International Airport, ploughed into the sand-and-concrete embankment and burst into a fireball.

    What caused the pilot to attempt the landing after declaring an emergency was still under investigation.

    But comments in the airport's operating manual, uploaded early in 2024, said the embankment was too close to the end of the runway and recommended that the location of the equipment be reviewed during a planned expansion.

    A transport ministry official said on Tuesday authorities would need to check the document before replying to questions.

    Experts criticised the positioning of the embankment, which held navigation equipment.

    "Unfortunately, that thing was the reason that everybody got killed, because they literally hit a concrete structure," Captain Ross Aimer, the chief executive of Aero Consulting Experts, told Reuters. "It shouldn't have been there."

    Meanwhile, police worked to identify victims while impatience rose among families gathered at the airport as they waited for the bodies of their loved ones to be released.

    The National Police Agency said it was making all-out efforts to speed up identification of the five bodies still unknown, allocating more personnel and rapid DNA analysers.

    The Boeing 737-800's "black box" flight data recorder recovered from the crash site was missing a key connector and authorities were reviewing how to extract its data, but retrieval of data from the cockpit voice recorder has begun, the transport ministry said.

    Inspections of all 101 B737-800s operated by South Korean airlines are set to wrap up by Jan. 3, though the airport will stay closed until Jan. 7, it added in a statement.

    Personnel from the U.S. National Transportation Safety Board (NTSB), Federal Aviation Administration, and aircraft maker Boeing have joined the investigations.

    On Monday, Acting President Choi Sang-mok ordered an emergency safety inspection of the country's entire airline operation.

    LANDING ATTEMPTED AT MUAN JUST AFTER EMERGENCY DECLARED

    Investigators are considering possible reasons such as bird strikes and disabled control systems on the aircraft for the pilots' apparent rush to attempt a landing soon after declaring an emergency.

    Transport Ministry officials said most South Korean airports were built based on International Civil Aviation Organization rules that recommend a 240-metre (262-yard) runway-end safety area.

    However, a domestic law allows adjustments in a range that does not "significantly affect" the facility's performance.

    "We'll look into whether there are any conflicts in our own regulations, and conduct an additional review of our airport safety standards," Kim Hong-rak, director general for airport and air navigation facilities policy, told a briefing.

    Muan International Airport's Operations Manual said the navigation equipment, or localisers, had been installed too near the end of the runway, or just 199 m (218 yards) from the crash site.

    The document, prepared by Korea Airports Corp and uploaded on its website, said the airport authority should "review securing additional distance during phase two of Muan International Airport's expansion".

    South Korean officials have previously said the structure was about 250 m (273 yards) from the end of the runway itself, though a paved apron extends past that.

    The runway design did not meet industry best practices, however, said John Cox, chief executive of Safety Operating Systems and a former 737 pilot, adding that they preclude any hard structure like a berm within at least 300 m (330 yards) of the end of the runway.

    Video showed the plane appearing to slow down and in control when it went off the runway, Cox said.

    "When it hits that berm is when it turns into tragedy."

    Both floors of Muan airport’s main building were still packed with bereaved relatives on Tuesday evening as many waited for the opening of an altar to pay their respects. Others rested in hundreds of tents erected in the airport. Religious, social welfare and volunteer groups were busy supplying food and drink.

    Relatives, some sobbing loudly, took turns to bow in front of the makeshift altar, lined with chrysanthemums and pictures of the dead.

    With the nation grieving, New Year's Eve celebrations were cancelled across South Korea.

    (Reporting by Hyonhee Shin in Sejong, Jihoon Lee, Joyce Lee, Hyunjoo Jin, Hyunsu Yim and Cynthia Kim in Seoul, Eduardo Baptista in Muan, Dan Catchpole in Seattle and David Shepardson in Washington; Writing by Josh Smith; Editing by Michael Perry, Clarence Fernandez, Angus MacSwan and Kevin Liffey)

    Key Takeaways

    • •Jeju Air crash is South Korea's deadliest domestic air disaster.
    • •Experts question the placement of the airport embankment.
    • •Investigations involve international aviation authorities.
    • •Safety standards at South Korean airports under review.
    • •Families await identification of crash victims.

    Frequently Asked Questions about South Korean airport embankment in focus after deadly Jeju Air crash

    1What is the main topic?

    The article discusses the Jeju Air crash at Muan Airport and the ensuing safety concerns and investigations.

    2What caused the Jeju Air crash?

    The exact cause is under investigation, but factors like embankment placement and emergency landing attempts are being examined.

    3How are authorities responding to the crash?

    Authorities are conducting safety inspections and reviewing airport safety standards, with international aviation bodies involved.

    More from Finance

    Explore more articles in the Finance category

    Image for Exclusive-Investor Artisan Partners backs Unilever's plan to sell food unit
    Exclusive-Investor Artisan Partners Backs Unilever's Plan to Sell Food Unit
    Image for Rosneft's 2025 net income down 73%, says high oil prices offset by costs
    Rosneft's 2025 Net Income Down 73%, Says High Oil Prices Offset by Costs
    Image for Nike results top estimates as turnaround shows uneven progress
    Nike Results Top Estimates as Turnaround Shows Uneven Progress
    Image for Q1 ends with a BANG!
    Q1 Ends With a Bang!
    Image for Calling Entries for Islamic Banking Chairman of the Year 2026
    Calling Entries for Islamic Banking Chairman of the Year 2026
    Image for Submit Your Nominations Today for Islamic Banking CFO of the Year 2026
    Submit Your Nominations Today for Islamic Banking CFO of the Year 2026
    Image for Submit Your Nominations for Fastest Growing Trade Finance Bank 2026
    Submit Your Nominations for Fastest Growing Trade Finance Bank 2026
    Image for Submit Your Nominations Today for Best Trade Finance Bank 2026
    Submit Your Nominations Today for Best Trade Finance Bank 2026
    Image for Nominate Your Bank for Fastest Growing Islamic Corporate Lending 2026
    Nominate Your Bank for Fastest Growing Islamic Corporate Lending 2026
    Image for Emerging Leaders: Best New Trade Finance Bank 2026
    Emerging Leaders: Best New Trade Finance Bank 2026
    Image for Call For Nominations: Best New Supply Chain Finance Provider – Bank 2026
    Call for Nominations: Best New Supply Chain Finance Provider – Bank 2026
    Image for Recognising the Best New Islamic Project Finance Bank 2026
    Recognising the Best New Islamic Project Finance Bank 2026
    View All Finance Posts
    Previous Finance PostUkrainian Military Says It Hit Russian Oil Depot in Smolensk Region
    Next Finance PostExplainer-What Happens When Russian Gas Supply to Europe via Ukraine Ends?