The Latest Breaking News from Jeju Air

Despite a series of deadly crashes, airplane disasters remain extremely rare

Black box retrieved but families are told bodies of victims may never be found

A rebounding Boeing stock took a hit Monday after South Korea looked into the cause of Sunday's deadly Jeju Air crash.

Acting President Choi Sang-mok orders an extensive probe into the crash and the country’s airline safety systems.

With volumes thin, US and European equity futures were also pointing lower after losses on Friday that put paid to Wall Street's usual holiday period "Santa Claus rally".

South Korea to inspect Boeing 737-800 planes post-crash, focusing on aviation safety enhancements and investigating possible causes of the tragic incident.

South Korean officials are looking for the cause of a passenger jet crash that killed 179 people, in one of the deadliest disasters in the country’s aviation history

Cries of anguish echoed through a lounge at Muan International Airport in South Korea on Monday as families waited for news of relatives killed in the weekend's Jeju Air plane crash.

US air safety officials and staff from the beleaguered aircraft maker Boeing were arriving to join investigators probing the worst air disaster on South Korean soil, which officials initially blamed on a collision with birds.