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, with eyewitness accounts suggesting a power bank may have sparked the blaze.

The fire broke out in the back of the cabin, officials said. All 176 people on board, including passengers and crew members, were evacuated, some with minor injuries.

Concerns were raised about whether Air Busan’s crew had followed standard safety procedures. Read more at straitstimes.com.

A passenger aircraft carrying 169 passengers and seven crew members burst into flames at Gimhae International Airport in Busan, South Korea, on Tuesday night, triggering a swift and dramatic evacuation.

An Airbus plane belonging to South Korean carrier Air Busan caught fire on Tuesday at Gimhae International Airport in the country’s south while preparing for departure to Hong Kong, fire authorities said.

The testimonies of some passengers suggest the fire broke out at an overhead compartment. Read more at straitstimes.com.

A fire destroyed an Air Busan plane at Gimhae International Airport in South Korea on Tuesday night (January 28), forcing an emergency evacuation. The Airbus A321 was preparing to depart for Hong Kong when the blaze erupted near the tail of the aircraft.

An investigation into a fire that engulfed an Air Busan plane at a South Korean airport this week is being slowed by a large amount of fuel and oxygen still on board, an air crash investigation official told Reuters.

Passengers evacuated from an Air Busan plane that was engulfed in flames this week at a South Korean airport will have their checked baggage returned to them, after authorities on Friday deemed the jet safe for a full investigation.