Latest news with #AviationSafetyAct
Korea Herald
02-06-2025
- Business
- Korea Herald
Bank rate transparency, sinkhole accident prevention
The Korea Herald republishes a weekly legislative report by local law firm DR & AJU LLC to provide the latest information on bills approved, proposed, pending and set to be promulgated. — Ed. Proposed Bill: Partial Amendment to the Banking Act Proposed by Rep. Kim Jang-kyom (People Power Party) ● This bill would require banks to disclose their current deposit rates, lending rates and interest rate spreads on a monthly basis via their websites. It would also authorize the Financial Services Commission to review the fairness and reasonableness of how these rates are determined, particularly when interest rate spreads widen, and to recommend improvements, if necessary. Proposed Bill: Partial Amendment to the Special Act on Underground Safety Management Proposed by Rep. Kim Jung-jae (People Power Party) ● This bill aims to prevent sinkhole accidents by enabling the Minister of Land, Infrastructure and Transport or local government heads to directly carry out emergency repairs in areas at risk of ground subsidence. Pending Bill: Partial Amendment to the Equal Employment Opportunity and Work-Family Balance Assistance Act Proposed by Rep. Shin Chang-sik (Rebuilding Korea Party) ● This bill would require the Minister of Employment and Labor to conduct an annual survey and analysis of the gender pay gap based on factors such as occupation type, position, duties, length of service and employment type, and to develop an improvement plan in response to the findings. Promulgated Bill: Enforcement Rule of the Aviation Safety Act Competent Authority: Ministry of Land, Infrastructure and Transport ● This bill introduces a certification system for unmanned vertical takeoff and landing aerial vehicles, a new type of uncrewed aerial vehicle capable of long-range flight. ● This bill will raise the deposit insurance limit from 50 million won to 100 million won ($36,300 to $72,500) as of September 1, 2025.
New Straits Times
14-05-2025
- New Straits Times
South Korea Jeju Air crash families file criminal complaint against minister, 14 others
SEOUL: Families of victims from the Jeju Air plane that crashed in December have filed a criminal complaint against 15 people including South Korean government officials and airline safety representatives, their lawyers said on Tuesday. Families of 72 of the victims from the Jeju Air crash on December 29 said they were initiating the legal action against officials including transport minister Park Sang-woo alleging negligence in managing safety risks as well as violations of the Aviation Safety Act. The crash at South Korea's Muan Airport killed 179 people, the deadliest air disaster on the country's soil. The statement released by lawyers of the bereaved families said a more thorough investigation was needed on the decision to attempt a return to land immediately after a bird strike, on the maintenance of the aircraft's engine, and on whether the construction of a runway embankment was appropriate. The Jeju Air Boeing (BA.N) 737-800 overshot Muan Airport's runway as it made an emergency belly landing and crashed into an embankment containing navigation equipment known as localisers, killing all but two of the 181 passengers and crew members on board.
The Sun
13-05-2025
- The Sun
South Korea Jeju Air crash families file criminal complaint against minister, 14 others
SEOUL: Families of victims from the Jeju Air plane that crashed in December have filed a criminal complaint against 15 people including South Korean government officials and airline safety representatives, their lawyers said on Tuesday. Families of 72 of the victims from the Jeju Air crash on December 29 said they were initiating the legal action against officials including transport minister Park Sang-woo alleging negligence in managing safety risks as well as violations of the Aviation Safety Act. The crash at South Korea's Muan Airport killed 179 people, the deadliest air disaster on the country's soil. The statement released by lawyers of the bereaved families said a more thorough investigation was needed on the decision to attempt a return to land immediately after a bird strike, on the maintenance of the aircraft's engine, and on whether the construction of a runway embankment was appropriate. The Jeju Air Boeing (BA.N) 737-800 overshot Muan Airport's runway as it made an emergency belly landing and crashed into an embankment containing navigation equipment known as localisers, killing all but two of the 181 passengers and crew members on board.
The Sun
13-05-2025
- The Sun
Jeju Air crash: Families file complaint against officials
SEOUL: Families of victims from the Jeju Air plane that crashed in December have filed a criminal complaint against 15 people including South Korean government officials and airline safety representatives, their lawyers said on Tuesday. Families of 72 of the victims from the Jeju Air crash on December 29 said they were initiating the legal action against officials including transport minister Park Sang-woo alleging negligence in managing safety risks as well as violations of the Aviation Safety Act. The crash at South Korea's Muan Airport killed 179 people, the deadliest air disaster on the country's soil. The statement released by lawyers of the bereaved families said a more thorough investigation was needed on the decision to attempt a return to land immediately after a bird strike, on the maintenance of the aircraft's engine, and on whether the construction of a runway embankment was appropriate. The Jeju Air Boeing (BA.N) 737-800 overshot Muan Airport's runway as it made an emergency belly landing and crashed into an embankment containing navigation equipment known as localisers, killing all but two of the 181 passengers and crew members on board.
Business Recorder
13-05-2025
- Business Recorder
South Korea Jeju Air crash families file criminal complaint against minister, 14 others
SEOUL: Families of victims from the Jeju Air plane that crashed in December have filed a criminal complaint against 15 people including South Korean government officials and airline safety representatives, their lawyers said on Tuesday. Families of 72 of the victims from the Jeju Air crash on December 29 said they were initiating the legal action against officials including transport minister Park Sang-woo alleging negligence in managing safety risks as well as violations of the Aviation Safety Act. The crash at South Korea's Muan Airport killed 179 people, the deadliest air disaster on the country's soil. South Korea starts releasing Jeju Air crash victims to families The statement released by lawyers of the bereaved families said a more thorough investigation was needed on the decision to attempt a return to land immediately after a bird strike, on the maintenance of the aircraft's engine, and on whether the construction of a runway embankment was appropriate. The Jeju Air Boeing (BA.N) 737-800 overshot Muan Airport's runway as it made an emergency belly landing and crashed into an embankment containing navigation equipment known as localisers, killing all but two of the 181 passengers and crew members on board.
