Finance

Air crash tests South Korea's acting president two days into the job

Published by Global Banking & Finance Review

Posted on December 29, 2024

3 min read

· Last updated: January 27, 2026

Add as preferred source on Google
Acting President Choi Sang-mok at Muan Airport after fatal air crash - Global Banking & Finance Review
Acting President Choi Sang-mok visits the site of the air disaster at Muan International Airport, highlighting the government's response to the tragedy and its impact on South Korea's political landscape.
Global Banking & Finance Awards 2026 — Call for Entries

By Cynthia Kim SEOUL (Reuters) - When South Korea's acting President Choi Sang-mok arrived at the scene of the deadliest air disaster on the country's soil on Sunday, he had been on the job for less

South Korea's Acting President Tested by Air Crash Crisis

By Cynthia Kim

SEOUL (Reuters) - When South Korea's acting President Choi Sang-mok arrived at the scene of the deadliest air disaster on the country's soil on Sunday, he had been on the job for less than 48 hours.

Choi, the country's finance minister, became acting leader on Friday night after the impeachment of Prime Minister Han Duck-soo, who had been acting president since President Yoon Suk Yeol was impeached and suspended from power on Dec. 14 following his short-lived attempt to impose martial law.

The bewildering turnover at the top of Asia's fourth-largest economy and one of its most vibrant democracies left the government scrambling when Jeju Air flight 7C2216 slammed into a wall at Muan International Airport on Sunday, killing most of the 181 people on board.

Choi visited the site a few hours after the crash and declared it a special disaster zone.

"The government would like to offer its sincere condolences to the bereaved families and will do its best to recover from this accident and prevent a recurrence," he said.

Behind the scenes, government offices were still figuring out the chain of command and how press statements would be released, a ministry spokesperson and four other officials told Reuters. All spoke on condition of anonymity to discuss sensitive planning.

"Today Choi went to Muan with land ministry officials, not finance ministry officials," a spokesperson said. "A team of transportation ministry officials and safety ministry officials will report directly to Choi regarding the Muan plane crash for next few weeks. As for how we will distribute press releases on all his schedules - still undecided."

Each ministry involved in foreign policy, administrative issues or safety has teams reporting to Choi, but Yoon's presidential staff does not, and Choi is operating from a government complex in Seoul rather than any official residence, one official said.

A senior finance ministry official said it is still undecided who, if anyone, from Yoon's and Han's offices would report to Choi. Some of Choi's duties as finance minister have been delegated to the vice minister, the ministry official added.

"The central disaster control team meetings are minister-level meetings, so the land minister and safety minister report directly to Choi," this official said.

Choi is leading that centralised disaster control team instead of the prime minister, who would typically be in charge based on a manual prepared after the 2014 sinking of the ferry Sewol, which killed 304 people, and the Itaewon Halloween crowd crush that killed 159 people in 2022, a fourth official said.

The political upheaval in South Korea was sparked when Yoon unexpectedly declared martial law on Dec. 3, only to rescind the order within hours after parliament defied military and police cordons to vote against Yoon.

The opposition-led parliament accused him of insurrection and abuse of power and impeached him, and later Han.

Choi will serve as acting president while the Constitutional Court determines the fates of Yoon and Han.

The uncertainty comes as South Korea tries to manage volatile foreign exchange markets and faces the task of preparing for the administration of President-elect Donald Trump in the United States, which is Seoul's main ally.

(Reporting by Cynthia Kim; Writing by Josh Smith; Editing by William Mallard and Raju Gopalakrishnan)

Key Takeaways

  • Choi Sang-mok becomes acting president amid political turmoil.
  • Jeju Air flight crashes at Muan International Airport.
  • Choi declares crash site a special disaster zone.
  • Government faces chain of command challenges.
  • South Korea manages foreign exchange volatility.

Frequently Asked Questions

What is the main topic?
The article discusses the air crash in South Korea and its impact on the acting president, Choi Sang-mok.
Who is Choi Sang-mok?
Choi Sang-mok is South Korea's finance minister and acting president following the impeachment of the previous leaders.
What happened at Muan International Airport?
Jeju Air flight 7C2216 crashed at Muan International Airport, resulting in numerous casualties.

Related Articles

More from Finance

Explore more articles in the Finance category