Investing.com — Boeing (NYSE: ) shares fell in premarket trading on Monday, following South Korea’s decision to launch inspections of all 737-800 aircraft. This model was involved in a fatal accident with Jeju Air over the weekend.
South Korea’s acting president, Choi Sang-mok, has ordered the transportation ministry to conduct an urgent security review of the nation’s entire air transportation operating system. In addition, officials from the Ministry of Lands, Infrastructure and Transport (MOLIT) have expressed their intention to carry out a comprehensive special inspection on the B737-800.
The exact details of the crash, which claimed the lives of 179 of the 181 people on board on Sunday, remain unclear. The plane landed at South Korea’s Muan International Airport without proper equipment, veered off the runway and crashed into a wall before bursting into flames. The only survivors were two crew members who were rescued from the wreckage.
During a briefing on Monday, MOLIT revealed that the plane’s pilot reported a “bird strike” minutes after the airport’s control tower issued a bird activity alert. The pilot also notified the control tower of “landing,” referring to the aborted landing attempt, and declared “May,” according to Yu Kyung-soo, director of aviation security policy at MOLIT, according to NBC News Translation.
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