43. The Tragic Hindenburg Catastrophe
Year: 1937
Location: New Jersey
Company: Deutsche Zeppelin-Reederei
Estimated Damage Value: $3 million*
In 1937, the Hindenburg, owned by Deutsche Zeppelin-Reederei, had just begun its partnership with American Airlines to bridge Lakehurst to Newark. Previously celebrated for safe travel, it was a shocking disappointment when the venture failed disastrously.

On May 6, 1937, the Hindenburg met its tragic fate in New Jersey. Sudden wind shifts led to a catastrophic fire, quickly consuming the airship. The disaster resulted in 35 deaths and the total loss of the $3 million airship.