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Highlights from The Walt Disney Company 2023 Annual Meeting of Shareholders – The DIS

  1. Highlights from The Walt Disney Company 2023 Annual Meeting of Shareholders The DIS
  2. Disney Streaming Strategy: CEO Bob Iger Tells Shareholders Marvel, Star Wars, Disney And Pixar Titles Will Stay Exclusive, But Others Could “On Occasion” Be Licensed To Third Parties Yahoo Entertainment
  3. Bob Iger has handled himself incredibly well since he’s been back to Disney: BofA’s Ehrlich CNBC Television
  4. Bob Iger’s 2023 Annual Shareholder Meeting Remarks The Walt Disney Company
  5. If You Can Watch Disney’s New “Traditions” Reel & Not Cry, Then We’re Bigger Fans Than You Are Disney Dining
  6. View Full Coverage on Google News

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Rio Tinto apologises for loss of tiny radioactive capsule in Australian outback

MELBOURNE, Jan 30 (Reuters) – Rio Tinto Ltd (RIO.AX) apologised on Monday for the loss of a tiny radioactive capsule that has sparked a radiation alert across parts of the vast state of Western Australia.

The radioactive capsule, believed to have fallen from a truck, was part of a gauge used to measure the density of iron ore feed which had been entrusted to a specialist contractor to transport. The loss may have occurred up to two weeks ago.

Authorities are now grappling with the daunting task of searching along the truck’s 1,400 kilometre (870 mile) journey from north of Newman – a small town in the remote Kimberley region – to a storage facility in the northeast suburbs of Perth – a distance longer than the length of Great Britain.

The task, while akin to finding the proverbial needle in a haystack, is “not impossible” as searchers are equipped with radiation detectors, said Andrew Stuchbery who runs the department of Nuclear Physics & Accelerator Applications at the Australian National University.

“That’s like if you dangled a magnet over a haystack, it’s going to give you more of a chance,” he said.

“If the source just happened to be lying in the middle of the road you might get lucky…It’s quite radioactive so if you get close to it, it will stick out,” he said.

The gauge was picked up from Rio’s Gudai-Darri mine site on Jan. 12. When it was unpacked for inspection on Jan. 25, the gauge was found broken apart, with one of four mounting bolts missing and screws from the gauge also gone.

Authorities suspect vibrations from the truck caused the screws and the bolt to come loose, and the radioactive capsule from the gauge fell out of the package and then out of a gap in the truck.

“We are taking this incident very seriously. We recognise this is clearly very concerning and are sorry for the alarm it has caused in the Western Australian community,” Simon Trott, Rio’s iron ore division chief, said in a statement.

The silver capsule, 6 millimetres (mm) in diameter and 8 mm long, contains Caesium-137 which emits radiation equal to 10 X-rays per hour.

Authorities have recommended people stay at least five metres (16.5 feet) away as exposure could cause radiation burns or radiation sickness, though they add that the risk to the general community is relatively low.

“From what I have read, if you drive past it, the risk is equivalent to an X-ray. But if you stand next to it or you handle it, it could be very dangerous,” said Stuchbery.

The state’s emergency services department has established a hazard management team and has brought in specialised equipment that includes portable radiation survey meters to detect radiation levels across a 20-metre radius and which can be used from moving vehicles.

Trott said Rio had engaged a third-party contractor, with appropriate expertise and certification, to safely package and transport the gauge.

“We have completed radiological surveys of all areas on site where the device had been, and surveyed roads within the mine site as well as the access road leading away from the Gudai-Darri mine site,” he said, adding that Rio was also conducting its own investigation into how the loss occurred.

Analysts said that the transport of dangerous goods to and from mine sites was routine, adding that such incidents have been extremely rare and did not reflect poor safety standards on Rio’s part.

The incident is another headache for the mining giant following its 2020 destruction of two ancient and sacred rock shelters in the Pilbara region of Western Australia for an iron ore mine.

Reporting by Melanie Burton; Editing by Edwina Gibbs

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New Zealand counts cost of Auckland floods, more rain forecast

WELLINGTON, Jan 30 (Reuters) – Flood-ravaged Auckland is forecast to receive further heavy rain in the coming days, authorities in New Zealand’s largest city said on Monday, as insurers counted the costs of what looks likely to be the country’s most expensive weather event ever.

Four people lost their lives in flash floods and landslides that hit Auckland over the last three days amid record downpours. A state of emergency remains in place in Auckland. A state of emergency in the Waitomo region south of Auckland was lifted.

Flights in and out of Auckland Airport are still experiencing delays and cancellations, beaches around the city of 1.6 million are closed and all Auckland schools will remain closed until Feb. 7.

“There has been very significant damage across Auckland,” New Zealand Prime Minister Chris Hipkins told state-owned television station TVNZ on Monday. “Obviously there were a number of homes damaged by flooding but also extensive earth movements.”

Currently, around 350 people were in need of emergency accommodation, he added.

LOOMING CLOUDS

Metservice is forecasting further heavy rains to hit the already sodden city late on Tuesday.

“We have more adverse weather coming and we need to prepare for that,” Auckland Emergency Management duty controller Rachel Kelleher told a media conference.

Fire and Emergency services received 30 callouts overnight Monday, including responding to a landslide when a carport slid down a hill.

The council has designated 69 houses as uninhabitable and has prevented people from entering them. A further 300 properties were deemed at risk, with access restricted to certain areas for short periods.

The north of New Zealand’s North Island is receiving more rain than normal due to the La Nina weather event.

The National Institute of Water and Atmospheric Research (NIWA) said Auckland has already recorded more than eight times its average January rainfall and 40% of its annual average rainfall.

INSURERS FACE HEFTY BILL

The cost of the clean up is expected to top the NZ$97 million ($63 million) bill for flooding on the West Coast in 2021 but will not be anywhere near as expensive as the estimated NZ$31 billion insured costs of two major earthquakes in Christchurch in 2010-2011, said Insurance Council of New Zealand spokesperson Christian Judge.

Insurance Australia Group’s (IAG.AX) New Zealand divisions have received over 5,000 claims so far and Suncorp Group (SUN.AX) said it received around 3,000 claims across the Vero and AA Insurance Brands. New Zealand’s Tower (TWR.NZ) said it had received around 1,900 claims.

“The number of claims is expected to rise further over the coming days, with the event still unfolding and as customers identify damage to their property,” IAG said in a statement.

Economists say the recovery and rebuild could add to inflationary pressures in New Zealand as vehicles and household goods need to be replaced and there is an increase in construction work needed to repair or rebuild houses and infrastructure damaged by the flooding.

($1 = 1.5385 New Zealand dollars)

Reporting by Lucy Craymer; Editing by Aurora Ellis and Lincoln Feast

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Peru bus plunges off cliff, killing at least 24

Jan 28 (Reuters) – At least 24 people died in northern Peru after a bus carrying 60 passengers plunged off a cliff in early on Saturday, police told local media.

Peru’s transportation supervisory agency (SUTRAN) confirmed the crash in a statement, without providing a number of fatalities or injuries.

Bodies of victims are transported on the back of a pick-up truck, after a bus carrying 60 passengers plunged off a cliff, in the district of El Alto, Peru January 28, 2023. Piura Government/Handout via REUTERS

The tragedy, involving a bus for the company Q’Orianka Tours Aguila Dorada, occurred in the district of El Alto in the far north of Peru, SUTRAN said.

SUTRAN said early investigations showed the bus appeared to have an up-to-date safety inspection and accident insurance.

Road accidents are relatively common in Peru, with many drivers operating vehicles on precarious roads and without proper training. In 2021, 29 people died when a bus plunged off a highway in the Andes mountains.

Reporting by Brendan O’Boyle; Editing by Cynthia Osterman

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Iran thwarts drone attack on military site – state media

DUBAI, Jan 29 (Reuters) – A loud explosion at a military plant in Iran’s central city of Isfahan was caused by an “unsuccessful” drone attack, Iranian state media reported on Sunday, citing the defence ministry.

“One of (the drones) was hit by the … air defence and the other two were caught in defence traps and blew up. Fortunately, this unsuccessful attack did not cause any loss of life and caused minor damage to the workshop’s roof,” the ministry said in a statement carried by the state news agency IRNA.

Iranian news agencies earlier reported the loud blast and carried a video showing a flash of light at the plant, said to be an ammunitions factory, and footage of emergency vehicles and fire trucks outside the plant.

In July, Iran said it had arrested a sabotage team made up of Kurdish militants working for Israel who planned to blow up a “sensitive” defence industry centre in Isfahan.

The announcement came amid heightening tensions with arch-enemy Israel over Tehran’s nuclear programme. Israel says Iran is seeking to develop nuclear weapons. Tehran denies this.

“(The attack) has not affected our installations and mission…and such blind measures will not have an impact on the continuation of the country’s progress,” the defence ministry statement said.

There have been a number of explosions and fires around Iranian military, nuclear and industrial facilities in the past few years.

In 2021, Iran accused Israel of sabotaging its key Natanz nuclear site and vowed revenge for an attack that appeared to be the latest episode in a long-running covert war.

The blasts at sensitive Iranian sites have at times caused concern amid tensions over Iran’s nuclear programme with Israel and the United States.

Israel has long threatened military action against Iran if indirect talks between Washington and Tehran fail to salvage a 2015 nuclear pact.

Reporting by Dubai newsroom; Editing by Daniel Wallis, Cynthia Osterman and Josie Kao

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Hundreds evacuated as blaze erupts in slum next to Seoul’s posh Gangnam district

SEOUL, Jan 20 (Reuters) – Fire swept through part of a shanty town in the South Korean capital, Seoul, on Friday, destroying 60 homes, many constructed from cardboard and wood, and forcing the evacuation of around 500 people.

Emergency services took five hours to put out the blaze, which erupted before daybreak in Guryong Village, a slum that lies just across a highway from Seoul’s affluent Gangnam district. Officials said no casualties were reported so far.

Home to around 1,000 people, Guryong is one of the last remaining shanty towns in the capital and has become a symbol of inequality in Asia’s fourth largest economy.

Ten helicopters and hundreds of firefighters, police and troops joined the effort to put out the blaze which, according to officials, razed almost one in ten of the 600-plus homes in Guryong.

“I saw a flash from the kitchen and opened the door, and flames were shooting from the houses next door,” said Shin, a 72-year-old woman whose home was completely burned in the inferno.

“So I knocked every door nearby and shouted ‘fire!’ and then called 119,” she said, giving only her surname.

Kim Doo-chun, 60, said his family was unaffected by the fire but he told Reuters that the village was constantly at risk of disaster due partly to its cardboard homes and narrow alleys.

“If a fire breaks out in this neighbourhood, the entire village could be in danger if we don’t respond quickly. So we’ve been responding together for decades,” said Kim, who has lived in the area for 30 years.

The slum has long been prone to fires and flooding, and safety and health issues abound.

The government had unveiled plans for redevelopment and relocation after a huge fire in late 2014, but those efforts have made little progress amid a decades-long tug of war between landowners, residents and authorities.

The civic authorities for Seoul and Gangnam district, and state-run developers have been at odds over how to compensate private landowners in Guryong and have yet to agree whether residents, most of whom are squatters, are entitled to government support for relocation and housing.

Informed about the fire while in Switzerland for the World Economic Forum, President Yoon Suk-yeol ordered all-out efforts to prevent a bigger disaster, his spokeswoman Kim Eun-hye said.

Seoul Mayor Oh Se-hoon visited the still smouldering village and asked officials to prepare to relocate affected families.

Reporting by Hyonhee Shin; Editing by Christian Schmollinger, Gerry Doyle & Simon Cameron-Moore

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Ukraine’s interior minister among 15 dead in helicopter crash

  • No immediate explanation for helicopter crash
  • Ukraine closer to receiving Western tanks
  • Zelenskiy to address World Economic Forum in Davos
  • Moscow sees no sign of talks

BROVARY, Ukraine, Jan 18 (Reuters) – Ukraine’s interior minister was among at least 15 people killed on Wednesday morning when a helicopter crashed near a nursery outside Kyiv, Ukrainian officials said.

Officials said nine people on board the aircraft and six on the ground, including three children, were killed when the French-made Super Puma helicopter crashed in a residential area in the suburb of Brovary on the capital’s eastern outskirts. Earlier, officials had given an initial death toll of 18.

The regional governor said 29 other people were injured, including 15 children.

President Volodymyr Zelenskiy called the crash a terrible tragedy, saying the full casualty toll was still being determined and he had ordered an investigation.

“As of this minute, three children died. The pain is unspeakable,” he said in a statement.

At the scene, debris was scattered over a muddy playground and emergency workers milled about a fleet of ambulances.

In a courtyard lay several dead bodies wearing blue interior ministry uniforms and black boots, visible from under foil blankets draped over them. A large chunk of the aircraft had landed on a car, destroying it.

National police chief Ihor Klymenko confirmed that Interior Minister Denys Monastyrskyi was killed alongside his first deputy, Yevheniy Yenin, and other ministry officials flying in the helicopter operated by the state emergency service.

Ukrainian officials said it was not immediately clear what had caused the helicopter to crash. There was no immediate comment from Russia, which invaded Ukraine last February, and Ukrainian officials made no reference to any Russian attack in the area at the time.

“Unfortunately, the sky does not forgive mistakes, as pilots say, but it’s really too early to talk about the causes,” air force spokesperson Yuriy Ihnat said, adding it could take at least several weeks to investigate the disaster.

Monastyrskyi, 42, a lawyer and lawmaker appointed in 2021 to run the ministry with responsibilty for the police, was the most senior Ukrainian official to die since the war began.

FIGHTING

Separately, Ukraine reported intense fighting overnight in the east of the country, where both sides have taken huge losses for little gain in intense trench warfare over the last two months.

Ukrainian forces repelled attacks in the eastern city of Bakhmut and the village of Klishchiivka just south of it, the Ukrainian military said. Russia has focused on Bakhmut in recent weeks, claiming last week to have taken the mining town of Soledar on its northern outskirts.

After significant Ukrainian gains in the second half of 2022, the frontlines have hardened over the last two months. Kyiv says it hopes new Western weapons would let it resume an offensive to recapture land, especially heavy tanks which would give its troops mobility and protection to push through Russian lines.

Western allies will be gathering on Friday at a U.S. air base in Germany to pledge more weapons for Ukraine. Attention is focused in particular on Germany, which has veto power over any decision to send its Leopard tanks, fielded by armies across Europe and widely seen as the most suitable for Ukraine.

Berlin says a decision on the tanks will be the first item on the agenda of Boris Pistorius, named its new defence minister this week.

Britain, which broke the Western taboo on sending main battle tanks over the weekend by promising a squadron of its Challengers, has called on Germany to approve the Leopards. Poland and Finland have already said they would be ready to send Leopards if Berlin allows it.

Lithuania’s president, attending the World Economic Forum in Davos, Switzerland, said he was confident there would be a decision to send tanks.

“I’m confident because this is what I’m hearing here, talking with other leaders. There is momentum,” Gabrielius Landsbergis told Reuters in an interview.

Germany’s Chancellor Olaf Scholz was due to address the forum later on Wednesday, though his government is thought likely to be waiting until later in the week to unveil any decision on tanks. Ukraine’s Zelenskiy was also due to address Davos by video link.

Russian Foreign Minister Sergei Lavrov said on Wednesday Moscow saw no prospects of peace talks and there could be no negotiations with Zelenskiy. Russia has said talks are possible only if Ukraine recognises Moscow’s claims to Ukrainian territory; Kyiv says it will fight until Russia withdraws from all of Ukraine.

In his remarks, Lavrov compared the West’s approach to Russia to Hitler’s “final solution”, the Holocaust plot to murder all European Jews. Lavrov was criticised by Israel last year for saying Hitler was part Jewish and the worst anti-Semites were Jews, after being asked why Moscow portrays Zelenskiy, who has a Jewish background, as a Nazi.

In the central Ukrainian city of Dnipro, the civilian death toll from a missile that struck an apartment block on Saturday rose to 45, including six children, among them an 11-month-old boy, Zelenskiy said in his nightly video address.

Ukrainian authorities called off the search for survivors on Tuesday. Around 20 other people are still missing in the rubble after the attack, the deadliest for civilians of a three-month Russian missile bombardment campaign against cities far from the front.

Moscow denies intentionally targetting civilians. It launched what it calls its special military operation in Ukraine last year saying Kyiv’s ties with the West posed a security threat.

Tens of thousands of people have been killed and millions forced to flee homes in what Kyiv and the West call an unprovoked invasion to subdue Ukraine and seize its land.

Writing by Peter Graff; Editing by Angus MacSwan

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Nepal plane crash searchers rappel, fly drones to find last two people

KATHMANDU, Jan 17 (Reuters) – Searchers used drones and rappelled down a 200 metres (656 feet) deep gorge in Nepal’s second-biggest city on Tuesday to search for two people unaccounted for after the country’s deadliest plane crash in 30 years killed at least 70 people.

Difficult terrain and inclement weather was hampering rescue efforts near the tourist city of Pokhara, where the Yeti Airlines ATR 72 turboprop carrying 72 people crashed in clear weather on Sunday just before landing.

“There is thick fog here now. We are sending search and rescue personnel using ropes into the gorge where parts of the plane fell and was in flames,” Ajay K.C., a police official in Pokhara who is part of the rescue efforts, told Reuters.

Searchers found two more bodies on Monday before the search was called off because of fading light.

“There were small children among the passengers. Some might have been burnt and died, and may not be found out. We will continue to look for them,” K.C. said.

An airport official said 48 bodies were brought to the capital Kathmandu on Tuesday and sent to a hospital for autopsies, while 22 bodies were being handed over to families in Pokhara.

Medical personnel in personal protective equipment and masks helped transport shrouded bodies from stretchers to a vehicle before they were flown to Kathmandu, Reuters pictures showed.

Television channels showed weeping relatives waiting for the bodies of their loved ones outside a hospital in Pokhara.

On Monday, searchers found the cockpit voice recorder and flight data recorder from the flight, both in good condition, a discovery that is likely to help investigators determine what caused the crash.

Reuters Graphics

Under international aviation rules, the crash investigation agencies of the countries where the plane and engines were designed and built are automatically part of the inquiry.

ATR is based in France and the plane’s engines were manufactured in Canada by Pratt & Whitney Canada (RTX.N).

French and Canadian air accident investigators have said they plan to participate in the probe.

Reporting by Gopal Sharma, writing by Shilpa Jamkhandikar; Editing by Jamie Freed

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California rainstorm death toll reaches 20, Biden plans visit

Jan 16 (Reuters) – The parade of atmospheric rivers that pounded California for three weeks finally faded on Monday, enabling the state to begin lengthy repairs to roads and levees as the White House announced President Joe Biden planned to survey the damage.

The nine consecutive rainstorms that inundated California in succession since Dec. 26 killed at least 20 people while tens of thousands remained under evacuation orders as of Monday, Governor Gavin Newsom said in an executive order that reinforced the state’s response to storm damage.

“The last of the heavier rain in California is slowly fading. After midnight it shouldn’t be heavy anymore,” said meteorologist David Roth of the National Weather Service’s Weather Prediction Center.

Biden will travel to areas of the central coast on Thursday to meet first responders, visit affected towns, and “assess what additional federal support is needed,” the White House said.

The president had already issued an emergency declaration on Jan. 8 to free up federal aid and then on Saturday authorized disaster assistance for Merced, Sacramento and Santa Cruz counties.

The White House has yet to reveal the areas Biden will visit.

Among the more dramatic images of storm damage were those of Highway 1, the scenic coastal highway near Big Sur, which was closed at several points due to mudslides and falling boulders strewn across the road.

While damaging, the storms also helped mitigate a historic drought, as much of the state has already received half or more its average annual rainfall.

The Russian River, swollen with floodwater following a chain of winter storms, flows past the town of Guerneville, California, U.S. January 15, 2023. REUTERS/Fred Greaves/File Photo

But with more than two months to go in the rainy season, officials are urging Californians to continue conserving water. The U.S. Drought Monitor still shows almost the entire state under moderate or severe drought conditions. Reservoir levels were still below average for this time of year, officials said.

Moreover, the atmospheric rivers largely failed to reach the Colorado River basin, a critical source of southern California’s water.

“If you rely on the Colorado River basin as a part of your water supply, then there will be continuing drought problems due to the extreme drought in that part of the world,” Michael Anderson, California’s state climatologist, told reporters.

The Colorado’s two major reservoirs, Lake Mead and Lake Powell, were at 28.5% and 22.6% of capacity, respectively, and still below levels from this time a year ago according to Water-Data.com.

The ninth consecutive atmospheric river fizzled out on Monday, its remnants soaking the southernmost part of the state, Arizona and northern Mexico, Roth said.

The storms are akin to rivers in the sky that carry moisture from the Earth’s tropics to higher latitudes, dumping massive amounts of rain.

Another storm was coming that could bring moderate rain on Tuesday and Wednesday. The U.S. National Weather Service said it lacked the volume to be classified as an atmospheric river, while the state Department of Water Resources said it may briefly qualify as one.

California can otherwise expect dry conditions for the remainder of January, state officials said.

Reporting by Daniel Trotta in Carlsbad, Calif., and Rich McKay in Atlanta; Editing by Josie Kao, Grant McCool and Jamie Freed

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Nepal finds black boxes of aircraft after deadliest crash in 30 years

  • Searchers find bodies of two of four missing passengers
  • Rescue efforts paused after poor weather hampers operation
  • Cockpit voice, flight data recorders found in good shape
  • Nepal observes day of national mourning, launches probe

KATHMANDU, Jan 16 (Reuters) – Searchers found the cockpit voice recorder and flight data recorder on Monday from a passenger flight that crashed, killing at least 70 people in Nepal’s worst plane accident for 30 years, officials said.

The data on the recorders may help investigators determine what caused the Yeti Airlines ATR 72 aircraft, carrying 72 people, to go down in clear weather on Sunday just before landing in the tourist city of Pokhara.

Reuters Graphics

Both recorders were in good shape and will be sent for analysis based on the recommendation of the manufacturer, Teknath Sitaula, a Kathmandu airport official, told Reuters.

Under international aviation rules, the crash investigation agency of the country where the plane was designed and built is automatically part of the inquiry.

ATR is based in France and the plane’s engines were manufactured in Canada by Pratt & Whitney Canada (RTX.N).

Nepal’s Civil Aviation Authority has inspected all ATR 72 and ATR 42 aircraft operating in the country since the crash and found no technical faults in them, it said in a statement on Monday.

There are currently 16 ATR 72 aircraft and three ATR 42s with multiple airlines in the country, an aviation authority official said.

Rescuers battled cloudy weather and poor visibility on Monday as they scoured a river gorge for passengers who are unaccounted for, more than 24 hours after the crash.

Two more bodies were recovered on Monday, taking the death toll to 70, said Navin Acharya, an official at the rescue coordination centre at Kathmandu airport. The search was called off for the remaining two missing people as darkness descended and will resume on Tuesday, he said.

Pokhara police official Ajay K.C. said all bodies had been sent to a hospital.

In the capital Kathmandu around 100 people lit candles at a gathering in memory of the crash victims and called on the government to ensure proper safety standards, witnesses said.

Condolences poured in from around the world, including the Vatican.

“His Holiness Pope Francis sends his condolences to you and to all affected by this tragedy, together with his prayers for those involved in the recovery efforts,” Cardinal Secretary of State Pietro Parolin said in a message to Nepal’s president.

Reuters footage from the crash site showed rescuers looking at the charred remains of the plane near a mountain gorge.

The plane, on a scheduled flight from Kathmandu to Pokhara, gateway to the scenic Annapurna mountain range, was carrying 57 Nepalis, five Indians, four Russians, two South Koreans, and one person each from Argentina, Ireland, Australia and France.

The aircraft had flown more than 1,700 times in the past one year.

Minutes before the aircraft was to land on Sunday, the pilot asked for a change of runway, a spokesperson for Pokhara airport said on Monday. “The permission was granted. “We don’t ask (why), whenever a pilot asks we give permission to change approach,” spokesperson Anup Joshi said.

Sunday’s crash underlined the need for the government to break up the Civil Aviation Authority of Nepal (CAAN), which both regulates airlines and manages airports, experts said.

“The government must immediately separate the regulatory body and service provider by splitting the Civil Aviation Authority of Nepal (CAAN) which is doing both works now,” K.B. Limbu, an aviation expert and a retired pilot, told Reuters.

“This leads to a conflict of interests.”

Asked for comment, Sitaula, the Kathmandu airport official, denied there was any such conflict in the functioning of CAAN.

“The regulatory and service provider (airport management) officials are separate and there is no cross-movement between the two bodies operating under the same organisation,” he said, referring to the CAAN.

There are nine domestic airlines in Nepal, including Yeti Airlines and its unit Tara Air. Yeti and Tara plane crashes have killed at least 165 people in Nepal since 2000 out of a total of 359 dead from aviation accidents, according to data from CAAN.

Reuters Graphics

An additional 75 people have died in helicopter crashes this century in Nepal, which is home to eight of the world’s 14 highest mountains, including Everest, and where sudden weather changes can make for hazardous conditions.

Experts say air accidents are usually caused by a combination of factors, and investigations can take months or longer.

Anju Khatiwada, the co-pilot of Sunday’s ill-fated aircraft, lost her husband Dipak Pokhrel in a similar crash in 2006. Khatiwada’s remains have not been identified but she is feared dead.

Nepal observed a day of national mourning on Monday and set up a panel to investigate the disaster and suggest measures to avoid such incidents in future.

Reporting by Gopal Sharma, writing by Shilpa Jamkhandikar and Shivam Patel; Editing by Gerry Doyle, Raju Gopalakrishnan and Mark Heinrich

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