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Fiery plane crash kills 179 in worst airline disaster in South Korea

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By Ju-min Park, Hongji Kim and Hyunsu Yim

MUAN COUNTY, South Korea (Reuters) -The deadliest air accident ever in South Korea killed 179 people on Sunday, when an airliner belly-landed and skidded off the end of the runway, erupting in a fireball as it slammed into a wall at Muan International Airport.

Jeju Air flight 7C2216, arriving from the Thai capital Bangkok with 175 passengers and six crew on board, was trying to land shortly after 9 a.m. (0000 GMT) at the airport in the south of the country, South Korea’s transport ministry said.

Two crew members survived and were being treated for injuries.

The deadliest air accident on South Korean soil was also the worst involving a South Korean airline in nearly three decades, the transport ministry said.

The twin-engine Boeing (NYSE:) 737-800 was seen in local media video skidding down the runway with no visible landing gear before crashing into navigation equipment and a wall in an explosion of flames and debris.

“Only the tail part retains a little bit of shape, and the rest of (the plane) looks almost impossible to recognise,” Muan fire chief Lee Jung-hyun told a press briefing.

The two crew members, a man and a woman, were rescued from the tail section of the burning plane, Lee said. They were being treated at hospitals with medium to severe injuries, said the head of the local public health centre.

Authorities combed nearby areas for bodies possibly thrown from the plane, Lee said.

Investigators are examining bird strikes and weather conditions as possible factors, Lee said. Yonhap news agency cited airport authorities as saying a bird strike may have caused the landing gear to malfunction.

The crash was the worst for any South Korean airline since a 1997 Korean Air crash in Guam that killed more than 200 people, transportation ministry data showed. The previous worst on South Korean soil was an Air China (OTC:) crash that killed 129 in 2002.

Experts said the bird strike report and the way the aircraft attempted to land raised more questions than answers.

“A bird strike is not unusual, problems with an undercarriage are not unusual,” said Airline News editor Geoffrey Thomas. “Bird strikes happen far more often, but typically they don’t cause the loss of an airplane by themselves.”

Under global aviation rules, South Korea will lead a civil investigation into the crash and automatically involve the National Transportation Safety Board (NTSB) in the United States where the plane was designed and built.

The NTSB said later it was leading a team of U.S. investigators to help South Korea’s aviation authority. Boeing and the Federal Aviation Administration were also taking part.

‘MY LAST WORDS’

Hours after the crash, family members gathered in the airport’s arrival area, some crying and hugging as Red Cross volunteers handed out blankets.

Many victims appeared to be residents of nearby areas returning from vacation, officials said.

Families screamed and wept as a medic announced the names of victims identified by their fingerprints. Papers were circulated for families to write down their contact details.

One relative stood at a microphone to ask for more information from authorities. “My older brother died and I don’t know what’s going on,” he said. “I don’t know.”

Another asked journalists not to film. “We are not monkeys in a zoo,” he said. “We are the bereaved families.”

Mortuary vehicles lined up outside to take bodies away, and authorities said a temporary morgue had been established.

The crash site smelled of aviation fuel and blood, according to Reuters witnesses. Workers in protective suits and masks combed the area while soldiers searched through bushes.

The control tower issued a bird strike warning and shortly afterward the pilots declared mayday and then attempted to land from the opposite direction, a transport ministry official said.

A passenger texted a relative to say a bird was stuck in the wing, the News1 agency reported. The person’s final message was, “Should I say my last words?”

The aircraft was manufactured in 2009, the transport ministry said.

The Boeing model involved in the crash, a 737-800, is one of the world’s most flown airliners with a generally strong safety record. It was developed well before the MAX variant involved in a recent Boeing safety crisis.

Boeing said in a emailed statement, “We are in contact with Jeju Air regarding flight 2216 and stand ready to support them. We extend our deepest condolences to the families who lost loved ones, and our thoughts remain with the passengers and crew.”

The two CFM56-7B26 engines were manufactured by CFM International, a joint venture between GE Aerospace and France’s Safran (EPA:), the transport ministry said.

A CFM spokesperson said, “We are deeply saddened by the loss of Jeju Air flight 2216. We extend our heartfelt sympathies to the families and loved ones of those on board.”

CHALLENGE TO COUNTRY’S NEW INTERIM PRESIDENT

Jeju Air CEO Kim E-bae apologised for the accident, bowing deeply during a televised briefing.

He said the aircraft had no record of accidents and there were no early signs of malfunction. The airline will cooperate with investigators and make supporting the bereaved its top priority, Kim said.

No abnormal conditions were reported when the aircraft left Bangkok’s Suvarnabhumi Airport, said Kerati Kijmanawat, president of Airports of Thailand.

The passengers included two Thai nationals and the rest are believed to be South Koreans, according to the transportation ministry.

It was the first fatal flight for Jeju Air, a low-cost airline founded in 2005 that ranks behind only Korean Air Lines and Asiana Airlines in terms of the number of passengers in South Korea.

The accident happened only three weeks after Jeju Air started regular flights from Muan to Bangkok and other Asian cities on Dec. 8.

Muan International is one of South Korea’s smallest airports but it has become much busier in recent years. All domestic and international flights at the airport were cancelled after the accident, Yonhap reported.

South Korean acting President Choi Sang-mok, named interim leader of the country on Friday in an ongoing political crisis, arrived at the scene of the accident and said the government was putting all its resources into dealing with the crash.

Two Thai women were on the plane, aged 22 and 45, Thai government spokesperson Jirayu Houngsub said.

© Reuters. An excavator is used to lift burnt chairs from the wreckage of an aircraft that crashed after it went off the runway at Muan International Airport, in Muan, South Korea, December 29, 2024. REUTERS/Kim Hong-Ji

The Thai foreign ministry later confirmed both were among those killed. The embassy in Seoul was coordinating with the South Koreans and arranging for family members to travel from Thailand, the ministry said in a statement.

Thai Prime Minister Paetongtarn Shinawatra sent condolences to the families of the dead and injured in a post on X, saying she had instructed the foreign ministry to provide assistance.

Stock Markets

Oil heads for weekly gains on colder weather, Chinese policy support

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By Arathy Somasekhar

HOUSTON (Reuters) -Oil prices edged higher on Friday and were on track for weekly gains as cold weather in Europe and the U.S. as well as additional economic stimulus flagged by China helped push prices in the previous session to their highest in more than two months.

futures were up 69 cents, or 0.9%, at $76.62 a barrel by 12:49 p.m. ET (1749 GMT) after settling on Thursday at the highest level since Oct. 25. U.S. West Texas Intermediate crude gained $1.11, or 1.5%, to $74.24.

Brent was on track for a 3.3% weekly gain, while WTI was set for a 5% increase.

Signs of Chinese economic fragility heightened expectations of policy measures to boost growth in the world’s top oil importer.

“China just is unceasing at this point in terms of their announcements about trying to stoke economic activity, and the market’s taking note of that,” said John Kilduff, partner at Again Capital in New York.

Worries about Chinese demand were a factor in bearish demand assumptions last year, he added.

China announced a couple of new measures to boost growth this week with a surprise move to raise wages for government workers and the announcement of a sharp increase in funding from ultra-long treasury bonds.

The additional funding is to be used to spur business investment and consumer-boosting initiatives.

Oil is likely to have gained some price support from expected increased demand for after forecasts for colder weather in some regions.

“Oil demand is likely benefiting from cold temperatures across Europe and the U.S.,” said UBS analyst Giovanni Staunovo.

Also supporting prices, stockpiles dropped by 1.2 million barrels to 415.6 million barrels last week, EIA data showed.

Meanwhile U.S. gasoline and distillate inventories jumped as refineries ramped up output, though fuel demand hit a two-year low.

© Reuters. FILE PHOTO: A view of an oil pumpjack in a farmer’s field near Kindersley, Saskatchewan, Canada September 5, 2024.  REUTERS/Todd Korol/File photo

Holding back prices however, the dollar was on track for its best week in about two months, even as it dipped on Friday, on expectations that the U.S. economy will continue to outperform its peers globally this year and that U.S. interest rates will stay relatively higher.

Higher rates increase borrowing costs, which can cut economic growth and demand for oil.

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Stock Markets

QNB Corp director Kenneth Brown buys shares for $3,968

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Following this purchase, Brown holds a total of 150,714 shares in QNB Corp. The company trades at a P/E ratio of 12.6 and has maintained dividend payments for 28 consecutive years. InvestingPro subscribers can access 6 additional key insights about QNBC’s valuation and growth prospects. The company trades at a P/E ratio of 12.6 and has maintained dividend payments for 28 consecutive years. InvestingPro subscribers can access 6 additional key insights about QNBC’s valuation and growth prospects. Following this purchase, Brown holds a total of 150,714 shares in QNB Corp.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

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US data center electricity and water use to increase significantly by 2028: report

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Investing.com — U.S. data centers are expected to significantly increase their electricity and water usage by 2028, driven by the rising adoption of AI technology, according to a U.S. Department of Energy report.

The report forecasts data center electricity demand to rise by 13-27% annually, reaching 325-580 terawatt-hours (TWh), or 6.7-12% of total U.S. demand, by 2028.

This marks a sharp increase from 176 TWh in 2023, with AI servers accounting for much of the growth. demand from AI servers alone is expected to grow 4-8 times, surpassing conventional servers by 2028.

Water usage, primarily for cooling, is projected to increase even faster, by 17-33% annually, reaching 145-275 billion liters by 2028. The study highlights a shift towards water-cooled chillers to accommodate the higher energy density of AI-driven data centers.

The DOE study, conducted by the Lawrence Berkeley National Laboratory, underscores the rapid transformation in data center infrastructure, with substantial implications for energy and resource planning in the U.S.

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