• Home
  • Latest
  • Fortune 500
  • Finance
  • Tech
  • Leadership
  • Lifestyle
  • Rankings
  • Multimedia
FinanceAirline industry

Two plane crashes lead to deadliest year in skies since 2018

By
Bloomberg
Bloomberg
Down Arrow Button Icon
By
Bloomberg
Bloomberg
Down Arrow Button Icon
December 30, 2024, 1:35 PM ET
A 24-hour Yonhap news TV broadcast at Yongsan Railway
Investigators have yet to determine why a Jeju Air Boeing 737-800 — a predecessor to the Max — careered down the runway at Muan International Airport early Sunday with no landing gear deployed and smashed into a concrete wall.Photo by Kim Jae-Hwan/SOPA Images/LightRocket via Getty Images

Commercial aviation has suffered its deadliest year since 2018 after the Jeju Air Co. disaster in South Korea and last week’s downing of an Azerbaijan Airlines plane.

Recommended Video

Onboard passenger plane fatalities this year jumped to 318 with the two recent crashes, data compiled by Cirium shows. That’s by far the highest death toll since more than 500 people died in 2018, a year marked by the first of two Boeing Co. 737 Max crashes.

This year started and ended with tragedies in Japan and South Korea during attempted landings, among the most dangerous phases of flight. Fatal aviation accidents remain very rare, and one major incident can suddenly turn a statistically safe year into one of the worst.

“The recent spike falls into the margins of unpredictability,” said Darren Straker, a former head of air accident investigation units in the United Arab Emirates and Hong Kong. He suggested airline crews could be better trained to respond to so-called outlier events.

Investigators have yet to determine why a Jeju Air Boeing 737-800 — a predecessor to the Max — careered down the runway at Muan International Airport early Sunday with no landing gear deployed and smashed into a concrete wall. All but two of the 181 people on board died as the wrecked jet exploded into a ball of fire.

After another Jeju plane experienced a landing-gear issue, Korean authorities on Monday ordered maintenance record checks of 101 other 737-800s in operation among local airlines. Boeing shares fell 3.5% as of 9:55 a.m. in New York, bringing their 2024 decline to 33%.

The wider inspections came as investigators started to analyze the cockpit voice recorder and the damaged flight data device, which hold crucial clues into the movements of the jet and the actions and state of the pilots.

In January, a huge Japan Airlines Co. jet collided with a coastguard plane at Tokyo’s Haneda Airport. Everyone aboard the commercial jetliner survived, but five people on the smaller aircraft were killed. The year was also marred by a fatal case of severe turbulence in May on a Singapore Airlines Ltd. jet flying over Myanmar. 

In July, Nepal’s Saurya Airlines crashed after taking off from Kathmandu, killing 18. And in August dramatic footage of a plane operated by Brazilian airline VoePass captured the turboprop freefalling from the sky after encountering icy weather conditions. That accident killed 62.

Global conflicts may also have contributed to this year’s aviation fatalities. The Azerbaijan Airlines Embraer SA 190 had nearly completed a scheduled flight from the capital city of Baku to Grozny, Russia, on Dec. 25 when it was suddenly diverted across the Caspian Sea. The damaged plane crashed about 3 kilometers (1.9 miles) from its destination of Aktau, Kazakhstan. Azerbaijan’s president has said the plane was accidentally shot down by Russia.

The spike in fatalities marks a reversal from 2023, which became the safest year ever in aviation with no deaths among large passenger jetliners — typically planes made by Airbus SE and Boeing. 

Airline safety has been improving for decades as regulators, manufacturers and carriers incorporate lessons learned to minimize accidents and improve the chances of survival when things go wrong. Fire-repelling designs on the carbon-hulled Airbus A350 involved in January’s Tokyo crash, for example, combined with near-flawless execution by the JAL crew and rescue team to allow all 379 people on board to survive.

Jeju Air’s first fatal crash also marked the worst civil air accident ever in South Korea. While the Jeju Air aircraft was almost entirely destroyed, investigators will have valuable data to work with as they reconstruct the event. The damaged flight data device may take longer to analyze than the cockpit voice recorder.

(Updates Boeing shares in sixth paragraph; adds air-safety trends in 12th paragraph.)

Join us at the Fortune Workplace Innovation Summit May 19–20, 2026, in Atlanta. The next era of workplace innovation is here—and the old playbook is being rewritten. At this exclusive, high-energy event, the world’s most innovative leaders will convene to explore how AI, humanity, and strategy converge to redefine, again, the future of work. Register now.
About the Author
By Bloomberg
See full bioRight Arrow Button Icon

Latest in Finance

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025

Most Popular

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Rankings
  • 100 Best Companies
  • Fortune 500
  • Global 500
  • Fortune 500 Europe
  • Most Powerful Women
  • Future 50
  • World’s Most Admired Companies
  • See All Rankings
Sections
  • Finance
  • Leadership
  • Success
  • Tech
  • Asia
  • Europe
  • Environment
  • Fortune Crypto
  • Health
  • Retail
  • Lifestyle
  • Politics
  • Newsletters
  • Magazine
  • Features
  • Commentary
  • Mpw
  • CEO Initiative
  • Conferences
  • Personal Finance
  • Education
Customer Support
  • Frequently Asked Questions
  • Customer Service Portal
  • Privacy Policy
  • Terms Of Use
  • Single Issues For Purchase
  • International Print
Commercial Services
  • Advertising
  • Fortune Brand Studio
  • Fortune Analytics
  • Fortune Conferences
  • Business Development
About Us
  • About Us
  • Editorial Calendar
  • Press Center
  • Work At Fortune
  • Diversity And Inclusion
  • Terms And Conditions
  • Site Map

© 2025 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information
FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.


Most Popular

placeholder alt text
Success
Billionaire philanthropy's growing divide: Mark Zuckerberg stops funding immigration reform as MacKenzie Scott doubles down on DEI
By Ashley LutzDecember 22, 2025
2 days ago
placeholder alt text
Success
Former U.S. Secret Service agent says bringing your authentic self to work stifles teamwork: 'You don’t get high performers, you get sloppiness'
By Sydney LakeDecember 22, 2025
2 days ago
placeholder alt text
Success
The average worker would need to save for 52 years to claw their way out of the middle class and be classified as wealthy, new research reveals
By Orianna Rosa RoyleDecember 23, 2025
19 hours ago
placeholder alt text
Success
'When we got out of college, we had a job waiting for us': 80-year-old boomer says her generation left behind a different economy for her grandkids
By Mike Schneider and The Associated PressDecember 23, 2025
22 hours ago
placeholder alt text
Personal Finance
Financial experts warn future winner of the $1.7 billion Powerball: Don't make these common money mistakes
By Ashley LutzDecember 23, 2025
18 hours ago
placeholder alt text
Success
OpenAI's CEO Sam Altman says in 10 years' time college graduates will be working 'some completely new, exciting, super well-paid' job in space
By Preston ForeDecember 23, 2025
21 hours ago

Latest in Finance

Powerball
LawPowerball
How about $1.7 billion in your stocking for Christmas? Powerball’s 46 straight draws with no winner bring Yuletide greetings
By Olivia Diaz and The Associated PressDecember 24, 2025
20 minutes ago
student
Personal Financestudent loans and debt
Trump turns government into giant debt collector with threat to garnish wages on millions of Americans in default on student loans
By Annie Ma and The Associated PressDecember 24, 2025
22 minutes ago
Trump speaks in front of a podium, with Marco Rubio behind him
RetailHolidays
Trump just declared Christmas Eve a national holiday. Here’s what’s open and closed?
By Dave SmithDecember 24, 2025
31 minutes ago
NewslettersTerm Sheet
The AI startups founders and VCs say could be acquisition targets in 2026
By Allie GarfinkleDecember 24, 2025
2 hours ago
President Donald Trump walks to the South Portico along the South Lawn at the White House on December 13, 2025 in Washington, DC
EconomyWall Street
‘Precarious’ is Wall Street’s defining word for 2026
By Eleanor PringleDecember 24, 2025
3 hours ago
Personal FinanceCertificates of Deposit (CDs)
Best CD rates today, Dec. 24, 2025: Earn up to 4.18% APY if you lock in now
By Glen Luke FlanaganDecember 24, 2025
3 hours ago