Passengers evacuated from an Air Busan plane that was engulfed in flames this week at a South Korean airport will have their checked baggage returned to them, after authorities on Friday deemed the jet safe for a full investigation.

Shares of Air Busan dropped on Friday, after a plane belonging to the budget carrier caught fire earlier this week.

Authorities will start a joint investigation into the Air Busan A321 that burst into flames at Busan Gimhae International Airport, Yonhap News Agency reports.

A passenger plane has caught fire before takeoff at an airport in South Korea, but all 176 people on board have been safely evacuated.

Concerns have been raised about the safety risk of bringing portable batteries in carry-on luggage for flights, as a lithium-ion battery is suspected as the cause of the fire that

An Airbus plane belonging to South Korean carrier Air Busan caught fire on Tuesday at Gimhae International Airport in the country's south while preparing for departure to Hong Kong, fire authorities said.

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All passengers were safely evacuated when fire ripped through an Air Busan Airbus with 176 on board in South Korea on Tuesday. Newsweek reached out to Airbus and Air Busan for comment via email on Wednesday.

South Korean officials are launching an investigation into the cause of the fire that engulfed an Air Busan passenger plane, with eyewitness accounts suggesting a power bank may have sparked the blaze.

According to the aviation industry on the 31st, following the fire incident involving an AIR BUSAN passenger aircraft, Korean Air dispatched personnel for safety, security, and maintenance support to the scene,

BUSAN, Jan. 31 (Yonhap) -- Authorities decided to begin a joint investigation of a fire-destroyed Air Busan plane early next week, officials said Friday, after completing safety checks on a large amount of fuel that is still stored at the wings of the plane.

The incident came a month after the deadliest air disaster on South Korean soil when a Jeju Air plane crashed on Muan Airport's runway as it made an emergency belly landing, killing all but two of the 181 people on board.