Key insights
- An Air Canada Express flight crashed at LaGuardia Airport, resulting in fatalities. While tragic, the event is unlikely to have a significant, lasting impact on the broader US equity market. The negative influence is limited to potential short-term effects on airline stocks directly involved.
Investing.com -- A Jazz Aviation Mitsubishi CRJ-900 aircraft operating as Air Canada Express Flight AC8646 was involved in an accident upon landing at New York LaGuardia Airport on Sunday.
The flight originated from Montréal and was carrying approximately 72 passengers and four crew members, according to preliminary passenger lists, though this figure is subject to confirmation. The incident occurred at approximately 11:30 pm.
The Port Authority of New York and New Jersey confirmed that the pilot and first officer were killed in the accident. Air Canada stated it is deeply saddened by the loss of two Jazz employees and extended condolences to the Jazz community and their families.
Air Canada cannot confirm the exact number of injuries or if there are other fatalities at this time.
Emergency services responded to the scene to assist injured passengers, and some individuals have been transported to local hospitals.
Air Canada and Jazz Aviation teams are preparing to travel to the site. The companies stated they will continue to issue regular updates as information becomes available.
Air Canada and Jazz Aviation are cooperating with the Transportation Safety Board of Canada and the National Transportation Safety Board in the United States in the investigation of the cause of the incident.
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