The Philadelphia Inquirer owner Lewis Katz passes away in plane crash
Lewis Katz, a prominent media head, passed away in a plane crash over the weekend along with six others. Katz was 72. The plane was a Gulfstream IV, which departed from Bedford-based airport Hanscom Field. It crashed and caught on fire at 9:40PM as it left for Atlantic City International Airport in New Jersey. The plane exploded in a blast, which caused smoke and flames to rise around 60 feet in the air.
Katz and co-owner H.F. “Gerry” Lenfest acquired The Philadelphia Inquirer for $88 million on Tuesday to gain control of the media company. The Philadelphia Inquirer empire includes the newspaper, Philly.com, and Philadelphia Daily News. Katz was also the co-owner of the NHL’s New Jersey Devils and NBA’s New Jersey Nets.
Lewis’ son Drew Katz will replace his father on the board of the new company. The National Transportation Safety Board is investigating the cause of the crash.