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.

Officials are inspecting the black boxes recovered from the wreckage of Jeju Air flight 7C2216 and have promised to release updates as soon as possible. The Boeing 737-800 is believed to have suffered a bird strike, but the exact circumstances surrounding its belly landing and subsequent destruction are unclear.

Minister of Land, Infrastructure and Transport Park Sang-woo offered to resign on Tuesday, taking responsibility for the recent Jeju Air plane crash that claimed the lives of 179 out of 181 passengers and crew.