AIRLINK 192.46 Decreased By ▼ -3.92 (-2%)
BOP 10.23 Increased By ▲ 0.12 (1.19%)
CNERGY 7.53 Decreased By ▼ -0.22 (-2.84%)
FCCL 38.10 No Change ▼ 0.00 (0%)
FFL 15.41 Decreased By ▼ -0.33 (-2.1%)
FLYNG 24.82 Increased By ▲ 0.28 (1.14%)
HUBC 128.08 Decreased By ▼ -2.30 (-1.76%)
HUMNL 13.77 Increased By ▲ 0.04 (0.29%)
KEL 4.44 Decreased By ▼ -0.16 (-3.48%)
KOSM 6.21 Increased By ▲ 0.02 (0.32%)
MLCF 44.62 Decreased By ▼ -0.23 (-0.51%)
OGDC 202.69 Decreased By ▼ -3.82 (-1.85%)
PACE 6.63 Increased By ▲ 0.05 (0.76%)
PAEL 37.95 Decreased By ▼ -1.82 (-4.58%)
PIAHCLA 17.01 Decreased By ▼ -0.19 (-1.1%)
PIBTL 7.84 Decreased By ▼ -0.15 (-1.88%)
POWER 9.40 Increased By ▲ 0.20 (2.17%)
PPL 175.05 Decreased By ▼ -3.86 (-2.16%)
PRL 37.34 Decreased By ▼ -1.59 (-4.08%)
PTC 23.45 Decreased By ▼ -0.86 (-3.54%)
SEARL 104.89 Decreased By ▼ -4.38 (-4.01%)
SILK 1.01 Increased By ▲ 0.01 (1%)
SSGC 36.90 Decreased By ▼ -0.85 (-2.25%)
SYM 18.26 Decreased By ▼ -0.57 (-3.03%)
TELE 8.27 Decreased By ▼ -0.26 (-3.05%)
TPLP 12.13 Decreased By ▼ -0.01 (-0.08%)
TRG 63.98 Decreased By ▼ -0.78 (-1.2%)
WAVESAPP 11.72 Decreased By ▼ -0.39 (-3.22%)
WTL 1.63 Decreased By ▼ -0.01 (-0.61%)
YOUW 3.89 Increased By ▲ 0.02 (0.52%)
BR100 11,856 Decreased By -143.8 (-1.2%)
BR30 34,973 Decreased By -575 (-1.62%)
KSE100 112,745 Decreased By -1510.7 (-1.32%)
KSE30 35,360 Decreased By -509.9 (-1.42%)

French justice officials have concluded that pilot error caused a helicopter crash near Bordeaux in December that killed a Chinese billionaire and his son as they flew over his newly-purchased wine estate.
Christophe Auger, prosecutor of the south-west city Libourne, said an inquiry into the crash that killed 46 year-old tea magnate Lam Kok and three others had uncovered "no technical or maintenance problems."
"It was caused by human error by the pilot, and the principal reason for the accident was flying at too low an altitude," Auger told the regional paper Sud Ouest Saturday.
The fatal crash occurred December 20, 2013 during a helicopter tour of the prestigious Chateau de la Riviere estate that was to be followed by an elite tea- and wine-tasting retreat. Kok was accompanied by his 12-year-old son, his financial advisor and the chateau's former owner James Gregoire when the helicopter crashed into the nearby Dordogne river.
The child's body was found in the submerged helicopter shortly after the accident, while the other victims were swept down river by currents and their bodies located in following weeks.
Auger noted the flight had taken off late on a winter afternoon, when darkness had nearly fallen and visibility was limited.
There had been concerns that the pilot had been drinking. Augur said that his alcohol consumption was "a contributing but not principal factor."
Kok finalised purchase of the 65 hectare estate for 30 million euros ($33 million) the day before the accident.
He was the latest Chinese investor to acquire a vineyard in Bordeaux's Fronsac wine-producing region, close to the prestigious Saint-Emilion domain.
Wealthy Chinese have developed a taste for fine French wines, and their buying power has been credited with pushing prices for certain vintages to record levels. They are also now acquiring French vineyards.

Copyright Reuters, 2015

Comments

Comments are closed.