On a Flydubai flight from Dubai to Tel Aviv, the co-pilot wounded the captain with a knife, the article says.
The attacker tried to bring the airliner down, and the aircraft dropped before people on board acted.
Israeli officials said those aboard stopped the attempt to crash the plane.
An off-duty pilot, a plumber, and a dentist went forward with other passengers toward the cockpit.
The article says their intervention prevented the attacker from completing that maneuver.
The captain, who is Indian, kept fighting while he was injured.
Passengers described fear in the cabin as the jet lost altitude.
Authorities in Israel and the region are reviewing flight-deck procedures after a threat that began inside the cockpit.
Read the full story on the Flydubai flight and the passengers who stepped in.
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