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

South Korean officials are launching an investigation into the cause of the fire that engulfed an Air Busan passenger plane, ...

An Air Busan flight awaiting departure to Hong Kong caught fire at Busan's Gimhae International Airport in southern South Korea. All 176 passengers and crew were evacuated before the flames destroyed ...

According to the Transport Ministry’s aviation technical information system, the Air Busan aircraft had been in service for over 17 years, with no accident history in the past 12 years. Airplanes come ...