Jeju Air’s Problems Mount After Crash of Flight 7C2216 NYT | Top Stories By: Daisuke Wakabayashi 5 January 2025 at 13:01 South Korea’s leading low-cost carrier, heavy with debt and its stock already near record lows, is now facing intense public and government scrutiny. © Chang W. Lee/The New York TimesThe wreckage of the Jeju Air plane that struck a wall at the end of the runway at Muan International Airport in South Korea last Sunday.