Industry
Two budget carriers fined for flight safety violations
April 1, 2016
Korea’s two budget carriers have been slapped with 600 million won ($524,000) in fines for breaching flight safety regulations, the transportation ministry said Friday.The Ministry of Land, Infrastructure and Transport imposed the highest financial penalty on Jeju Air Co., owned by mid-sized retailer Aekyung Group, and Jin Air Co., a low budget airline unit of Korean Air Lines Co.An airplane of Jeju Air had to drop to an altitude of 8,000 feet from 18,000 ft on its way to Jejudo Island from Seou