Close Menu

    Subscribe to Updates

    Get the latest creative news from FooBar about art, design and business.

    What's Hot

    Watch out for more tax cuts — or even tax hikes — as Republicans try for another budget bill

    April 13, 2026

    Why ‘Rule of 10’ stocks like Nvidia and Meta are now poised for a comeback, according to Goldman Sachs

    April 13, 2026

    Wall Street’s fear gauge just flashed an unusual signal that could carry the S&P 500 to 7,400 within months

    April 10, 2026
    Facebook X (Twitter) Instagram
    🔴
    Trending
    • Watch out for more tax cuts — or even tax hikes — as Republicans try for another budget bill
    • Why ‘Rule of 10’ stocks like Nvidia and Meta are now poised for a comeback, according to Goldman Sachs
    • Wall Street’s fear gauge just flashed an unusual signal that could carry the S&P 500 to 7,400 within months
    • TSMC reports forecast-beating revenue as AI chip demand defies geopolitical tensions
    • Global chaos has become a permanent guest in your portfolio. This strategist says Big Tech and emerging markets are now essentials.
    • Has the cease-fire rally pushed stocks too high, too quickly?
    • This chart hints at a coming generational shift that could remove a critical source of demand for stocks
    • This chart hints at a coming generational shift that could remove a critical source of demand for stocks
    BourseWatch – Latest Daily Stock Market And Finance NewsBourseWatch – Latest Daily Stock Market And Finance News
    • HOME
    • TOOLS
      • CURRENCY CONVERTER
      • RANKING TABLE
      • STOCK SCREENER
      • FOREX HEATMAP
      • ECONOMIC CALENDER
      • REAL-TIME CHART
      • FOREX SUMMARY
    • MARKET
      1. COMMODITIES
      2. REAL ESTATE
      3. CRYPTO CURRENCIES
      4. CURRENCY / FOREX
      5. ETF / RTF
      6. EQUITIES
      7. INDEXES
      8. View All

      “Investigating the Impact of Weather Patterns on Global Commodity Markets”

      April 10, 2026

      “The Influence of Political Instability on Gold and Other Precious Metal Prices”

      April 10, 2026

      Here’s how much money Iran can make charging tolls on one-fifth of the world’s seaborne oil

      April 9, 2026

      Commodity Markets Caught in a ‘Super Squeeze’—HSBC Warns of Prolonged Price Surge

      January 26, 2026

      Optimistic Outlook Emerges as Rate Cut Hopes Ignite Real Estate Market Recovery

      January 24, 2026

      Why experts say that Trump’s prohibition on big investors like Blackstone purchasing homes won’t lower housing costs

      January 8, 2026

      Why a real estate investor on crowdfunding site bid $30 million on Diddy’s “freak-off” home in L.A.: “It has a stigma attached to it”

      December 3, 2025

      “Sorry to pop the bubble,” she said. Jude Law tells you why you can’t stay at the cute house from “The Holiday,” a movie that has something for everyone.

      December 2, 2025

      “Understanding the Impact of Cryptocurrencies on the Global Economy”

      April 9, 2026

      “Investing in Cryptocurrencies: A Comprehensive Guide for Beginners”

      April 9, 2026

      “Profiles in Crypto: A Look at the Top Performing Cryptocurrencies of 2022”.

      April 9, 2026

      “Demystifying Blockchain Technology: The Backbone of Cryptocurrencies”

      April 9, 2026

      According to a Goldman research, this is the point at which the 10-year Treasury yield poses a “clear problem” for equities.

      May 3, 2024

      This ETF from a 106-year-old company has outperformed competitors while staying away from the “Magnificent Seven” stocks.

      January 6, 2026

      ETFs with private credit have arrived. Why they might target your retirement account next.

      September 5, 2025

      Inside the 2025 ETF boom: “How do you manage it all?”

      September 5, 2025

      Challenges Loom for China’s Stock Market as ETF Experts Warn of Investor Hesitancy

      August 12, 2025

      Challenges for Tech Giants: Microsoft, Google, and AMD Stocks Take a Hit Despite Strong Earnings

      June 22, 2024

      ECB’s Villeroy Affirms: Oil Uncertainty No Barrier to June Rate Cut

      April 29, 2024

      Federal Reserve’s Move Leaves Regional Banks in a Quandary for 2024

      April 29, 2024

      Israel’s Credit Rating Takes a Dive: S&P Warns of Military Escalation with Iran

      April 29, 2024

      Why ‘Rule of 10’ stocks like Nvidia and Meta are now poised for a comeback, according to Goldman Sachs

      April 13, 2026

      Wall Street’s fear gauge just flashed an unusual signal that could carry the S&P 500 to 7,400 within months

      April 10, 2026

      TSMC reports forecast-beating revenue as AI chip demand defies geopolitical tensions

      April 10, 2026

      Global chaos has become a permanent guest in your portfolio. This strategist says Big Tech and emerging markets are now essentials.

      April 10, 2026
    • ECONOMY
      1. INTEREST RATE
      2. View All

      Global Credit Spreads Hit 2022 Low as Investors Chase Higher Yields Amid Economic Optimism

      January 26, 2026

      In ’26, tax the wealthy? This year, these three important wealth tax concerns may be resolved.

      January 10, 2026

      A watchdog group says the IRS has only made “limited progress” in figuring out how often people making less than $400,000 are audited.

      September 3, 2025

      Like Trump, Kamala Harris wants to keep tip taxes low. Some people think the idea is “very silly,” and it doesn’t matter who comes up with it.

      August 19, 2025

      Watch out for more tax cuts — or even tax hikes — as Republicans try for another budget bill

      April 13, 2026

      Many Fed officials think rate cuts are still likely, March meeting minutes show

      April 9, 2026

      “The Future of Renewable Energy: Economic Potential and Challenges for the US and Canada”

      April 9, 2026

      “Understanding the Impact of Inflation on the US and Canadian Economies: A Detailed Analysis”

      April 9, 2026
    • NEWS
      1. ALL NEWS
      2. COMPANIES
      3. CURRENCY FOREX
      4. INDEXES
      5. View All

      This CD is still offering 6% — and 9 more of the highest-APY CDs this month

      April 10, 2026

      This is America’s No. 1 ‘burning question’ about retirement — and we got 10 financial advisers to answer it

      April 10, 2026

      Iran USA

      April 9, 2026

      Biden Administration Freezes Approvals for US LNG Exports, Sparking Debate on Energy and Climate

      January 26, 2026

      Brown-Forman’s stock was the S&P 500’s top gainer Thursday as merger drama heats up

      April 10, 2026

      Nvidia’s stock is quietly gaining steam amid its longest winning streak since 2023

      April 9, 2026

      Software stocks are experiencing a “full-fledged breakdown” and could continue to decline.

      April 9, 2026

      As Elon Musk implements his “Terafab” vision, these chip stocks might be profitable.

      March 24, 2026

      FOREX-Dollar Declines Amidst Asian and European Currency Surge

      January 24, 2026

      Goldman Sachs Warns of Potential Risks to European Stocks if Trump Secures Presidential Victory

      January 24, 2026

      China Securities Regulator Halts Restricted Share Lending in Move to Stabilize Stock Markets

      August 14, 2025

      Global Markets Wobble as China’s Evergrande Faces Liquidation, Federal Reserve Meeting Looms

      June 22, 2024

      TSX Futures Rally as Commodity Prices Surge Ahead of Bank of Canada Decision

      January 24, 2026

      Today’s Stock Market: US Equities Rise Once More, Fueled by Tech Sector Momentum.

      January 22, 2026

      Morgan Stanley and JPMorgan Advise Purchasing the dip Amid Treasury Sell-off Downturn.

      January 21, 2026

      The Economic Downturn Signal Maintains a Flawless Record for 72 Years: Here’s Its Projection for What Comes Next.

      January 21, 2026

      Brown-Forman’s stock was the S&P 500’s top gainer Thursday as merger drama heats up

      April 10, 2026

      This CD is still offering 6% — and 9 more of the highest-APY CDs this month

      April 10, 2026

      This is America’s No. 1 ‘burning question’ about retirement — and we got 10 financial advisers to answer it

      April 10, 2026

      Nvidia’s stock is quietly gaining steam amid its longest winning streak since 2023

      April 9, 2026
    • LIST & RANKING

      Top CEO’s of the Year

      January 18, 2026

      The force behind the recent surge in stocks is Big Tech, not the Fed. What investors should know is as follows.

      June 16, 2024

      Top 25 Independent Advisors

      February 27, 2024

      The Best Online Brokers

      January 18, 2024

      The Most Profitable Businesses

      January 18, 2024
    Donate
    BourseWatch – Latest Daily Stock Market And Finance NewsBourseWatch – Latest Daily Stock Market And Finance News
    Home » As the plane lands, it crashes and catches fire, killing 179 people.
    Economy

    As the plane lands, it crashes and catches fire, killing 179 people.

    December 30, 2024No Comments
    Facebook Twitter Pinterest LinkedIn WhatsApp Reddit Tumblr Email
    im 33979127
    Share
    Facebook Twitter LinkedIn Pinterest Email

    A passenger plane at a South Korean airport went off the runway, hit a concrete fence, and caught fire Sunday after its front landing gear didn’t seem to work. In one of the worst flight accidents in U.S. history, all but two of the 181 people on board died.

    It crashed as it tried to land in the town of Muan, which is about 290 kilometers (180 miles) south of Seoul. The Transport Ministry said the plane was a Boeing 737-800 jet that was 15 years old and had come from Bangkok. The crash happened at 9:03 a.m.

    The South Korean fire service said that 179 people died in the fire. Of those, 85 were women, 84 were men, and 10 were people whose genders weren’t immediately clear. Responders pulled two people to safety; both were crew members. Health officials said they are awake and not in a state that could kill them.

    The fire agency said that 88 of the 177 bodies that have been found so far have been named. Most of the people on board were South Korean, but there were also two Thai people.

    The man who was hurt was being treated in an urgent care unit at the Ewha Womans University Seoul Hospital by Ju Woong, who is the director of the hospital. The man had broken ribs, a shoulder blade, and his upper spine. The man, whose name was not given, told doctors that he “woke up to find himself rescued,” Ju said.

    South Korean TV stations showed footage of the crash. It showed the plane sliding across the airstrip at high speed, with what looked like its landing gear still closed. It went off the runway and hit a concrete wall on the edge of the facility, setting off an explosion.

    Other TV stations in the area showed video of thick clouds of black smoke rising from the burning plane.

    Chief of the Muan fire station Lee Jeong-hyeon said on TV that the plane was completely destroyed and that only the tail assembly could be seen among the rubble. Lee said that there were many ideas being considered about what might have caused the crash, such as the possibility that birds hit the plane.

    Later, officials from the Transport Ministry said that an early look at the communication records shows that the airport control tower warned the plane about a bird strike just before it was supposed to land and told the pilot he could land in a different area. Officials say the pilot sent out a distress call not long before the plane crashed.

    A senior official from the Transport Ministry named Joo Jong-wan said that the flight data and cockpit voice records from the plane’s black box have been recovered. He said that the investigation might take months to finish. They said that the Muan airport runway would be closed until January 1.

    Thailand’s prime minister, Paetongtarn Shinawatra, wrote on the social network X that he was very sorry for the families of those who died in the accident. According to Paetongtarn, she told the Ministry of Foreign Affairs to help right away.

    An AP reporter talked to the father of a Thai victim and learned that his daughter, Jongluk, had been working in a factory in South Korea for a few years and had now come back to Thailand to see her family.

    “I think the plane went off in Korea this morning.” “But I had no idea my daughter would be on this flight,” he said. I never thought this would be the last time we saw each other for good.

    In a statement, Kerati Kijmanawat, the director of Airports of Thailand, stated that Jeju Air flight 7C 2216 took off from Suvarnabhumi Airport and that there were no reports of any problems with the plane or the runway.

    In a statement, Jeju Air said it was “deeply sorry” for the crash and would do its “utmost to handle the aftermath of the accident.”

    At a news meeting shown on TV, Kim E-bae, president of Jeju Air, bowed deeply with other top company officials as he apologized to the families of the victims and said he takes “full responsibility” for what happened. Kim said that after regular checks, the company hadn’t found any mechanical problems with the plane. He also said that he would wait for the results of government reviews into what happened before making any decisions.

    In a lounge at Muan Airport, family members sobbed as the names of some of the dead were read out loud.

    In a statement on X, Boeing said it was in touch with Jeju Air and ready to help the company deal with the crash. Boeing said, “Our deepest condolences go out to the families who lost loved ones. Our thoughts are also with the passengers and crew.”

    The event happened while South Korea was in the middle of a major political crisis caused by President Yoon Suk Yeol’s shocking decision to declare martial law and then be impeached.

    South Korean lawmakers removed acting President Han Duck-soo from office last Friday and put him on administrative leave. Deputy Prime Minister Choi Sang-mok then took over.

    Choi went to the scene of the crime in Muan and asked officials to use all of their tools to find the missing and name the victims as soon as possible. The government made Muan a special disaster zone so that families of the dead could get help. They also set Saturday as the first day of a week-long national mourning period.

    Yoon’s office said that his top secretary, Chung Jin-suk, led an emergency meeting of senior presidential staff to talk about the crash and told Choi about it. Yoon wrote on Facebook that he felt bad for the victims.

    The pope said he joins in “prayer for the survivors and the dead” during his Angelus prayer in St. Peter’s Square, Rome. Japan’s Foreign Ministry shared a message from Prime Minister Shigeru Ishiba in which he said he was “deeply saddened by the loss of many precious lives.”

    The Muan crash is one of the worst aircraft accidents in South Korea’s history. In 1997, a Korean Airline plane crashed in Guam, killing all 228 people on board. This was the last big air accident in South Korea. Three people died and about 200 were hurt when an Asiana Airlines plane crashed in San Francisco in 2013.

    The crash on Sunday was also one of the worst landing accidents since July 2007, when an Airbus A320 slid off a wet airstrip in Sao Paulo and hit a nearby building, killing all 187 people on board and 12 more on the ground. The Flight Safety Foundation, a nonprofit group working to improve air safety, collected the data.

    The safety foundation says that in 2010, 158 people died when an Air India Express plane went off the runway in Mangalore, India, and crashed into a gorge before catching fire.

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Telegram Email

    Related Posts

    Watch out for more tax cuts — or even tax hikes — as Republicans try for another budget bill

    April 13, 2026

    Many Fed officials think rate cuts are still likely, March meeting minutes show

    April 9, 2026

    “The Future of Renewable Energy: Economic Potential and Challenges for the US and Canada”

    April 9, 2026
    Leave A Reply Cancel Reply

    Top Posts

    Aeries Technology: A Global Professional Services Leader in Business Transformation

    June 10, 2024

    As Christmas sales break records, stock buybacks soar.

    December 5, 2025

    These are the 2024 Moneyist articles that got the most views.

    December 31, 2024

    These other stocks, along with Coinbase and Block, could join the S&P 500 in the next shake-up.

    December 6, 2025
    Don't Miss
    Economy

    Watch out for more tax cuts — or even tax hikes — as Republicans try for another budget bill

    April 13, 2026

    Watch Out for More Tax Cuts — or Even Tax Hikes — as Republicans Try…

    Why ‘Rule of 10’ stocks like Nvidia and Meta are now poised for a comeback, according to Goldman Sachs

    April 13, 2026

    Wall Street’s fear gauge just flashed an unusual signal that could carry the S&P 500 to 7,400 within months

    April 10, 2026

    TSMC reports forecast-beating revenue as AI chip demand defies geopolitical tensions

    April 10, 2026
    Stay In Touch
    • Facebook
    • Instagram

    Subscribe to Updates

    Get the latest Update

    Facebook Twitter Instagram

    BourseWatch

    • All News
    • Economy
    • List & Ranking
    • Market
    • News

    Recent Post

    • Watch Out For More Tax Cuts Or Even Tax Hikes As Republicans Try For Another Budget Bill
      Watch out for more tax cuts — or even tax hikes — as Republicans try for another budget bill
    • im 32780975
      Why ‘Rule of 10’ stocks like Nvidia and Meta are now poised for a comeback, according to Goldman Sachs
    • im 41656131
      Wall Street’s fear gauge just flashed an unusual signal that could carry the S&P 500 to 7,400 within months

    Subscribe to Updates

    Get the latest creative news from BourseWatch

    © Boursewatch. Designed by Asad Rizvi

    • Privacy Policy
    • Terms
    • Contact Us

    Type above and press Enter to search. Press Esc to cancel.