A private plane was reported to have crashed on a highway in New Jersey on Tuesday. The crash killed five people, including two managing directors of a high profile bank in New York.
The private plane took off from New Jersey’s Teterboro airport and was going towards DeKalb Peachtree Airport near Atlanta. The plane however crashed onto Interstate 287 near Morristown in New Jersey. Five were reported to be killed in the airplane crash. On board the plane was Jeffrey Buckalew, 45, his wife and two children as well as Rakesh Chawla, 36. Chawla and Buckalew were the managing directors of the New York investment banking firm Greenhill and Co.
The description of the crash site was alarming. Pieces of metal were seen all over the highway. Scraps of the plane were scattered everywhere and a part of the plane was discovered in a tree of a home located approximately one quarter of a mile away. Chris Covello from the Rockaway Township witnessed the whole incident as it was taking place. He described the incident as a plane rocketing out of control in the sky. The plane appeared to be moving in weird directions, as if “the plane was doing tricks or something, twirling and flipping.” However so, after it spun out of control, it immediately dived straight down into the highway. Covello initially thought that the plane was going to “pull up” as it soared downwards but then the wing of the plane got detached and that was the end of it.
Buckalew had been registered as the owner of the private plane and he had his own pilot’s license. According to Reuters, Buckalew served as an advisor for Delta Airlines during the point of time when Delta Airlines and Northwest Airlines wanted to initiate a merger. It was a shame that his aviation experience did not come in handy when he needed it the most.