Old old movie with futuristic airship.

[Svengoolie 3]

I vaguely remember an old,  old movie featuring some rich woman having a party in a futuristic airship over a city.  I think she wore a costume with lightning bolts coming  out of her head.  I think there was a disaster and people had to parachute out.

[JJ80]

Possibly Madam Satan (1930).

http://pre-code.com/madam-satan-1930-review/

[RCMerchant]

Sounds right to me.

[Svengoolie 3]

Thanx guys! Nailed it.