June 03, 2014 08:12
All seven people aboard a private business jet have been killed in a late-night crash in the United States, including the co-owner of the Philadelphia Inquirer newspaper.
Authorities said the plane crashed in a ball of fire late Saturday as it took off from an airfield outside the northeastern city of Boston, Massachusetts. There was no immediate explanation for the accident, but U.S. authorities are investigating.
Among those killed was Lewis Katz, a 72-year-old businessman. Katz, along with a co-investor, last week bought controlling interest in the Philadelphia newspaper for $88 million.
Katz made his fortune investing in a parking empire and a cable sports television network in New York. He is a former owner of professional basketball and hockey teams in the U.S.
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