Tuesday, June 3, 2025

Boeing 737-800 Model in Muan Crash Once Flew for Ryanair, Leased to Jeju Air in 2017

Jeju Air website screenshot
Jeju Air website screenshot

Jeju Air flight 7C2216, which caused a significant number of casualties during its landing at Muan International Airport, was reportedly a model initially operated by Ryanair before being leased to Jeju Air in 2017.

On Sunday, The New York Times cited data from aviation analytics firm Cirium and reported that the aircraft involved in the incident (Boeing 737-800) was first operated by the European budget airline Ryanair. In 2017, it was leased to Jeju Air by SMBC Aviation Capital, a commercial aircraft leasing company.

The Boeing 737-800 model, currently in service worldwide, has a lifespan of 5 to over 27 years. The Jeju Air passenger plane involved in the Muan Airport incident was identified as 15 years old.

The New York Times reports that approximately 4,400 of the roughly 28,000 passenger aircraft operating globally are Boeing 737-800 models, representing about 15% of the total.

Currently, around 200 airlines worldwide operate the Boeing 737-800. These include Jeju Air, T’way Air, Jin Air, Eastar Jet, and Korean Air in South Korea.

Hot this week

Nvidia’s $7B Blow from China Sanctions Doesn’t Stop Global Chip Rally

Nvidia's strong earnings boosted semiconductor stocks globally despite export restrictions to China, highlighting its market influence.

Nvidia’s Surprise Earnings Spark a Stock Market Rally

New York stocks rose after Nvidia's strong earnings, boosting the AI sector, despite ongoing tariff uncertainties affecting the market.

WTI Slides to $60.94 as Traders Brace for OPEC+ Production Pivot

Oil prices fell despite a drop in U.S. inventories, influenced by expected OPEC+ output increases in an upcoming meeting.

Trump’s Bold Move: Retirement Funds Can Now Flow into Bitcoin Investments

The Trump administration allows Bitcoin investments in pension accounts, reversing Biden-era restrictions, potentially benefiting the Trump family.

WTI and Brent Crude Climb on Renewed Supply Fears

Oil prices surged due to supply concerns and geopolitical tensions, despite OPEC+ plans to maintain production levels.

Topics

Nvidia’s $7B Blow from China Sanctions Doesn’t Stop Global Chip Rally

Nvidia's strong earnings boosted semiconductor stocks globally despite export restrictions to China, highlighting its market influence.

Nvidia’s Surprise Earnings Spark a Stock Market Rally

New York stocks rose after Nvidia's strong earnings, boosting the AI sector, despite ongoing tariff uncertainties affecting the market.

WTI Slides to $60.94 as Traders Brace for OPEC+ Production Pivot

Oil prices fell despite a drop in U.S. inventories, influenced by expected OPEC+ output increases in an upcoming meeting.

Trump’s Bold Move: Retirement Funds Can Now Flow into Bitcoin Investments

The Trump administration allows Bitcoin investments in pension accounts, reversing Biden-era restrictions, potentially benefiting the Trump family.

WTI and Brent Crude Climb on Renewed Supply Fears

Oil prices surged due to supply concerns and geopolitical tensions, despite OPEC+ plans to maintain production levels.

Nvidia Beats Expectations with AI-Driven Growth, Stock Rallies Post-Close

The New York stock market fell ahead of Nvidia's earnings, which later exceeded expectations, boosting investor confidence and tech stocks.

First Sale Rule Gains Renewed Traction Amid New U.S. Tariffs

As tariffs rise, companies are revisiting the First Sale Rule to lower import duties, despite its strict requirements and paperwork.

OPEC+ Meeting Spurs Market Caution, Drives Oil Prices Lower

Oil prices fell as OPEC+ plans to boost output, with Brent crude at $64.09 and WTI at $60.89 per barrel amid rising supply expectations.

Related Articles