Market
What changes will occur in Jeju Air's management by May 31, 2025?
2
Resolution / Starting Odds
CEO replaced • 25%
Other senior management changes • 25%
No changes • 25%
Board restructuring • 25%
Official announcements or press releases from Jeju Air
Story
South Korea Orders Airline Safety Probe After Jeju Air Boeing 737-800 Crash Kills 179
Dec 30, 2024, 02:25 AM
Following the worst air disaster in South Korea's history, acting President Choi Sang-mok has ordered an emergency safety inspection of the country's entire airline operation system. On December 29th, a Jeju Air Boeing 737-800 crashed in Muan, killing 179 people. The transport ministry announced on Monday that it will inspect all Boeing 737-800 aircraft in the nation. This decision comes after another Jeju Air Boeing 737-800 had to return to its departure airport due to landing gear problems. Authorities aim to ensure the safety of air travel by thoroughly reviewing aviation systems and the fleet's operational integrity.
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No significant changes • 25%
Increased safety measures • 25%
Route adjustments • 25%
Fleet changes • 25%
CEO resignation • 25%
Board changes • 25%
No changes • 25%
Other executive changes • 25%
Operations reduced • 34%
Operations suspended • 33%
Normal operations resumed • 33%
No significant changes • 25%
Increased pilot training • 25%
Fleet maintenance overhaul • 25%
Route changes • 25%
Major overhauls initiated • 25%
No action taken • 25%
Fleet grounding • 25%
Minor adjustments made • 25%
No significant changes • 25%
Increased maintenance checks • 25%
Retirement of Boeing 737-800 models • 25%
Other fleet management decision • 25%
Other executive changes • 25%
Yes, CEO resigns • 25%
Yes, CEO is replaced • 25%
No, CEO remains • 25%
Board restructuring • 25%
No changes • 25%
New permanent CEO appointed • 25%
Interim CEO continues • 25%