New York Helicopter Tours Behind Deadly Hudson River Crash Shuts Down; FAA To Launch Probe

RTTNews | hace 148
New York Helicopter Tours Behind Deadly Hudson River Crash Shuts Down; FAA To Launch Probe

(RTTNews) - The Federal Aviation Administration announced that New York Helicopter Tours, the helicopter company involved in the crash on the Hudson river that killed six people last week, is shutting down their operations with immediate effect.

In a post on social media platform X on late Sunday, the federal agency announced the plan to launch an immediate review of the tour operator's license and safety record, along with its continuous support for an ongoing investigation by The National Transportation Safety Board or NTSB.

Siemens Spain President And CEO Agustin Escobar, his wife and three children, as well as the pilot, a Navy SEAL veteran, was killed in the Hudson river helicopter crash on last Thursday while sightseeing in New York in a flight operated by New York Helicopter Tours.

Immediately following the deadly crash involving a Bell 206L-4 helicopter, N216MH, the NTSB commenced its investigation to find the cause of the crash. All aspects of the accident remain under investigation, the agency had said earlier.

In a later statement, the agency noted that the helicopter involved in the crash was not equipped with any flight recorders, and that no onboard video recorders or camera recorders have been recovered. Further, none of the helicopter avionics onboard recorded information that could be used for the investigation.

The NTSB said a preliminary report is expected within 30 days from the date of the accident that will contain factual information gathered during the initial phase of the probe. A probable cause of the crash and any contributing factors will come in the final report, which is expected in 12 to 24 months.

Meanwhile, New York Helicopter Tours, in its website shows a notice apologizing for the incident and indicating its willingness to fully cooperate with the FAA and NTSB investigations.

Following the crash, New York Senetor Chuck Schumer had called on the U.S. authorities to revoke the operating permits of the helicopter tour company and for the halt of all flights as the agencies investigate the deadly crash. He also called on the FAA for safety inspections for other helicopter tour companies.

The FAA in its latest post said, "Lastly on the topic of helicopter safety broadly: The FAA is already analyzing airplane/helicopter hotspots nationwide, and we will be hosting a helicopter safety panel on April 22 to discuss the findings, risks, and additional mitigation options."

read more
Indian Shares Likely To Open Higher

Indian Shares Likely To Open Higher

Indian shares look headed for a positive start on Wednesday, tracking global cues. Activity is likely to turn stock specific with investors reacting to corporate news. Automobile stocks may find support with several companies deciding to pass on the benefit of recent GST reduction to customers.
RTTNews | hace 13 minutos
Asian Markets Track Wall Street Higher

Asian Markets Track Wall Street Higher

Asian stock markets are trading mostly higher on Wednesday, following the broadly positive cues from Wall Street overnight, amid growing optimism about the outlook for interest rates after sharp downward revisions in US jobs data and ahead of the release of the closely watched US inflation data later in the week. Currencies in the region also strengthened against the US dollar.
RTTNews | hace 23 minutos
Higher Open Called For Thai Stock Market

Higher Open Called For Thai Stock Market

The Thai stock market has moved higher in three straight sessions, adding almost 25 points or 2 percent along the way. The Stock Exchange of Thailand now sits just above the 1,275-point plateau and it's tipped to open in the green again on Wednesday.
RTTNews | hace 1h 34min
Indonesia Bourse May End Losing Streak On Wednesday

Indonesia Bourse May End Losing Streak On Wednesday

The Indonesia stock market has moved lower in three straight sessions, sinking almost 260 points or 3.6 percent in that span. The Jakarta Composite Index now rests just beneath the 7,630-point plateau although it's due for support on Wednesday.
RTTNews | hace 2h 4min
Japanese Market Notably Higher

Japanese Market Notably Higher

The Japanese stock market is trading notably higher on Wednesday, reversing the losses in the previous session, following the broadly positive cues from Wall Street overnight. The Nikkei 225 is moving above the 43,650 level, with gains in technology stocks partially offset by weakness in automakers, exporters and financial stocks.
RTTNews | hace 2h 8min
Hang Seng May Extend Winning Streak

Hang Seng May Extend Winning Streak

The Hong Kong stock market has moved higher in three straight sessions, climbing more than 975 points or 3.9 percent along the way. The Hang Seng Index now sits just beneath the 25,940-point plateau and it may see additional strength on Wednesday.
RTTNews | hace 2h 19min
Australian Market Slightly Higher

Australian Market Slightly Higher

Australian shares are trading slightly higher on Wednesday after opening in the red, reversing some of the losses in the previous two sessions, with the benchmark S&P/ASX 200 staying just above the 8,800 level, following the broadly positive cues from Wall Street overnight, with gains in financial and technology stocks partially offset by weakness in mining and energy stocks.
RTTNews | hace 2h 33min
China Shares May Bounce Higher Again On Wednesday

China Shares May Bounce Higher Again On Wednesday

The China stock market on Tuesday ended the two-day winning streak in which it had jumped more than 60 points or 1.6 percent. The Shanghai Composite Index now sits just above the 3,800-point plateau although it may find renewed support on Wednesday.
RTTNews | hace 2h 34min