South Korean officials are launching an investigation into the cause of the fire that engulfed an Air Busan passenger plane while awaiting takeoff at Busan's Gimhae International Airport, with some eyewitness accounts leading to speculation that a portable power bank may have caused the blaze.

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.

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