What happened
During an oceanic ferry flight, the aircraft encountered a critical mechanical issue with the right engine. The pilot in command (PIC) reported that the right engine developed magneto problems, which resulted in only residual power being available from that side of the aircraft.
In response to the loss of thrust on the right wing, the PIC increased the power setting on the remaining left engine to maintain flight control and altitude. However, this action placed excessive strain on the single operating engine, causing it to overheat shortly thereafter.
With both engines effectively compromised—one due to magneto failure and the other due to overheating—the PIC determined that continuing the flight was no longer safe. The decision was made to ditch the airplane into the Pacific Ocean. Despite the emergency nature of the event, both crewmembers were successfully rescued from the water.