• Home
  • Latest
  • Coins2Day 500
  • Finance
  • Tech
  • Leadership
  • Lifestyle
  • Rankings
  • Multimedia
Australia

Investigators Plan to Raise the Seaplane That Killed Compass CEO Richard Cousins

By
Reuters
Reuters
Down Arrow Button Icon
By
Reuters
Reuters
Down Arrow Button Icon
January 2, 2018, 2:15 AM ET
Compass Group Plc Chief Executive Officer Richard Cousins Interview
Richard Cousins, chief executive officer of Compass Group Plc, speaks during a Bloomberg Television interview in London, U.K., on Wednesday, May 11, 2016. Compass Group provides catering and support services in countries throughout the world. Photographer: Simon Dawson/Bloomberg via Getty ImagesSimon Dawson—Bloomberg via Getty Images

Australia’s transport safety investigation agency said on Tuesday it plans to raise a seaplane that crashed into a Sydney river on New Year’s Eve, killing six people, including the chief executive of British catering giant Compass Group Plc.

Australian Transport Safety Bureau Executive Director Nat Nagy said investigators would probe several lines of inquiry to piece together what happened, including a close look at the plane’s avionics and maintenance record and the pilot’s background and experience.

It was hoped the plane would be raised by the end of the week, Nagy said. A crane, airbags, or a combination of the two, would be used to raise the plane from the riverbed as gently as possible.

The plane is submerged in 13 metres of water near Cowan, about 40 km (25 miles) north of Sydney.

Nagy said investigators would also look for any other electronic devices, including iPads or iPhones, that may have been on board when the plane crashed on Sunday, killing Compass chief executive Richard Cousins, 58, and four members of his family. The pilot, Gareth Morgan, 44, was also killed.

A preliminary report into the crash will be made public in about a month, although authorities have warned it may take up to a year to find out what happened.

“If we do identify any critical safety issues throughout the course of the investigation, we will immediately notify the relevant authorities … to remedy any issues,” Nagy said.

“This particular aircraft, I understand was manufactured in 1963, it’s not unusual to have aircraft of that sort of age flying around … we haven’t seen any systemic issues around this aircraft,” he added.

Australian police have identified those killed with Cousins as Emma Bowden, 48, Heather Bowden, 11, Edward Cousins, 23, and William Cousins, 25.

Family members and media reports identified four of the victims Cousins’ two sons, his fiancée and her daughter.

Cousins, who led Compass over the past 11 years, was due to step down in March after being widely credited with turning the company’s business around and making it into one of the Financial Times Stock Exchange’s best-performing firms.

The seaplane was part of the Sydney Seaplanes business that has operated since 2005 with no previous record of mishap. Seaplane flights have been cancelled until further notice.

About the Author
By Reuters
See full bioRight Arrow Button Icon
0

Most Popular

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Coins2Day Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Coins2Day Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Coins2Day Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Coins2Day Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Coins2Day Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Coins2Day Editors
October 20, 2025
Rankings
  • 100 Best Companies
  • Coins2Day 500
  • Global 500
  • Coins2Day 500 Europe
  • Most Powerful Women
  • Future 50
  • World’s Most Admired Companies
  • See All Rankings
Sections
  • Finance
  • Leadership
  • Success
  • Tech
  • Asia
  • Europe
  • Environment
  • Coins2Day Crypto
  • Health
  • Retail
  • Lifestyle
  • Politics
  • Newsletters
  • Magazine
  • Features
  • Commentary
  • Mpw
  • CEO Initiative
  • Conferences
  • Personal Finance
  • Education
Customer Support
  • Frequently Asked Questions
  • Customer Service Portal
  • Privacy Policy
  • Terms Of Use
  • Single Issues For Purchase
  • International Print
Commercial Services
  • Advertising
  • Coins2Day Brand Studio
  • Coins2Day Analytics
  • Coins2Day Conferences
  • Business Development
About Us
  • About Us
  • Editorial Calendar
  • Press Center
  • Work At Coins2Day
  • Diversity And Inclusion
  • Terms And Conditions
  • Site Map
  • Facebook icon
  • Twitter icon
  • LinkedIn icon
  • Instagram icon
  • Pinterest icon

Most Popular

placeholder alt text
Economy
'I just don't have a good feeling about this': Top economist Claudia Sahm says the economy quietly shifted and everyone's now looking at the wrong alarm
By Eleanor PringleJanuary 31, 2026
10 hours ago
placeholder alt text
Economy
Right before Trump named Warsh to lead the Fed, Powell seemed to respond to some of his biggest complaints about the central bank
By Jason MaJanuary 30, 2026
1 day ago
placeholder alt text
Politics
The American taxpayer spent nearly half a billion dollars deploying federal troops to U.S. cities in 2025, CBO finds
By Nick LichtenbergJanuary 28, 2026
3 days ago
placeholder alt text
AI
Top engineers at Anthropic, OpenAI say AI now writes 100% of their code—with big implications for the future of software development jobs
By Beatrice NolanJanuary 29, 2026
2 days ago
placeholder alt text
Big Tech
Microsoft’s $440 billion wipeout, and investors angry about OpenAI’s debt, explained
By Eva RoytburgJanuary 29, 2026
2 days ago
placeholder alt text
Asia
Trump’s Greenland play comes with Russia and China running circles around the US in the Arctic as expert sees ‘big game of catch-up’
By Tristan BoveJanuary 30, 2026
1 day ago

© 2026 Coins2Day Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information
FORTUNE is a trademark of Coins2Day Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.