Lewis Katz, a parking, billboard and sports mogul who through the years owned the New Jersey Nets basketball team, New Jersey Devils hockey team and, most recently, the Philadelphia Inquirer newspaper, has died. He was 72.
Flight control panels used to lift off may have been locked in place on the Gulfstream jet carrying sports-franchise mogul Lewis Katz when it raced off a runway and crashed May 31, according to investigators.
BP Plc, seeking to reduce potential water-pollution fines of as much as $18 billion, is trying to convince a judge that less oil spilled in the 2010 Gulf of Mexico disaster than the U.S. claims and that it capped the deep-sea gusher as quickly as possible.
Pilots on the Gulfstream IV jet carrying sports-franchise mogul Lewis Katz discussed a control issue with the aircraft just before their fatal attempt to take off from a Massachusetts runway last week, investigators said.
The family of Gulfstream corporate jets, like the one that crashed last week killing sports- franchise mogul Lewis Katz, had an accident rate of less than half its peer group as investigators now try to determine how the plane skidded off a runway at a Massachusetts airport.