As this publication reported shortly after the plane crashed on 29 December, the hull of the aircraft is insured for $41.5mn, which includes $5mn total loss only coverage. Insurance Insider revealed that Axa XL leads the cover with a 15% line on the Gallagher-placed all-risk reinsurance programme.
Despite a number of recent deadly air crashes, flying is still statistically one of the safest forms of transport available. Tragedies such as Azerbaijan Airlines Flight 8243, Jeju Air Flight 2216, and American Airlines Flight 5342 all occurred between December 2024 and January 2025, bringing air safety to the forefront once more.
Air-ground communications at San Francisco indicate that a tower controller warned an Asiana Airbus A350-900 crew over the jet's altitude after it sank below the glidepath on approach. The crew of Asiana flight OZ212 from Seoul had been conducting the approach to runway 28L,
A Jin Air Boeing 737-800 has finally departed Muan Airport in South Korea after being trapped for 50 days following the Jeju Air accident.
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