The incident marks the first time there has been a commercial airline crash in the U.S. since 2009, when a regional carrier of Continental Airlines crashed into a house in Erie County, New York. Local officials have said they don't believe there are any survivors.
The plane maker said it is making progress on numerous safety and quality control initiatives following a rough year that included a major executive shakeup and increased federal scrutiny.
In 2024, we saw Washington clamp down on the airline industry with a slate of regulations, investigations and merger decisions. Now, as Donald Trump is set for a second term, we could see a loosening in regulations and more merger activity.