As this publication reported shortly after the plane crashed on 29 December, the hull of the aircraft is insured for $41.5mn, which includes $5mn total loss only coverage. Insurance Insider revealed that Axa XL leads the cover with a 15% line on the Gallagher-placed all-risk reinsurance programme.
A Jin Air Boeing 737-800 has finally departed Muan Airport in South Korea after being trapped for 50 days following the Jeju Air accident.
Air-ground communications at San Francisco indicate that a tower controller warned an Asiana Airbus A350-900 crew over the jet's altitude after it sank below the glidepath on approach. The crew of Asiana flight OZ212 from Seoul had been conducting the approach to runway 28L,
The chief executive officer of Jeju Air Co., Kim E-bae, has undergone police questioning regarding the deadly December crash of the company's passenger jet, which claimed 179 lives, officials said on Monday.
American Airlines flight AA292 from New York to Delhi made a U-turn near Turkmenistan and diverted to Rome on Sunday.
While many airlines have retired their Boeing 767s, as of 2024, over 20 airlines still operate them for passenger services. Some major operators, such as Delta Air Lines (DL) and United Airlines (UA), plan to retire their fleets by 2030.