Jeju Air's stock slumped as much as 16% and closed 8.7% lower on Monday. Shares of AK Holdings, the airline's parent company, closed 12% lower. The stock has a market cap of about $87 million.

However, as Jeju Air's stock price dims, its parent company, Aekyung Group, finds itself in a more difficult situation. This is because it has to repay the funds raised using Jeju Air's shares.

Investing.com -- Boeing (NYSE:BA) shares fell more than 4% in premarket trading Monday after a devastating air accident in South Korea claimed the lives of 179 people on Sunday when a passenger ...

Boeing Faces Scrutiny as Jeju Air 737 Crash Kills 179; Bird Strike, Landing Gear Fault Possible ...

Jeju Air's stock dropped sharply due to an accident involving a passenger plane that occurred at Muan International Airport in South Jeolla Province. Jeju Air shares traded at 7,040 won on the ...

SEOUL (Reuters) -Shares of South Korean budget carrier Jeju Air hit their lowest on record on Monday, after the deadliest air crash in the country killed 179 people. Jeju Air shares traded down 8. ...

Boeing stock fell more than 5% early Monday after a Jeju Air flight carrying 181 passengers and crew traveling from Thailand to South Korea crashed on landing Sunday, killing 179. This is what ...

Jeju Air shares just hit a record low after a plane crash, adding to market gloom. South Korea shares closed nearly 10% lower in 2024 amid political uncertainty and the Jeju Air plane crash on Sunday.

Investing.com -- Boeing (NYSE: BA) shares fell more than 4% in premarket trading Monday after a devastating air accident in South Korea claimed the lives of 179 people on Sunday when a passenger ...

Jeju Air shares slump to lowest-ever level Shares of South Korean budget carrier Jeju Air hit their lowest level on record following a deadly plane crash over the weekend.