Plane crash kills 43 in north China

China’s worst aviation disaster since 2004 left 43 people dead and 53 ingured in Heilongjiang province, Reuters reported. A Henan Airlines plane bound for Harbin crashed Tuesday night in the small city in Yichun when it overshot the runway during landing. Yichun has a small airport which opened in 2009, part of a broader small-airport building frenzy designed to draw economic investment into more rural areas of the country. Analysts expect the crash to have ramifications in China’s passenger aviation sector, which has experienced rapid growth in recent years after strict safety regulations and new planes dispelled previous concerns about airline safety in the country. The crash may have also have an impact on Air China (AIRC.LSE, 601111.SH, 0753.HK), of which Henan Airlines is a subsidiary.