South Korea’s Air Busan shares drop after plane fire

SEOUL (Reuters) – Shares of Air Busan dropped on Friday, after a plane belonging to the budget carrier caught fire earlier this week.

Air Busan shares traded down 3.8% as of 0018 GMT, after falling as much as 6.1% to 2,325 won.

It was the worst performer among South Korean airline stocks, compared with rival T’Way Air up 9% and Jeju Air down 0.8%, while Korean Airlines and Asiana Airlines were flat.

(Reporting by Jihoon Lee; Editing by Ed Davies)

tagreuters.com2025binary_LYNXNPEL0U00Q-VIEWIMAGE

Close Bitnami banner
Bitnami