What happened
During a scheduled local training mission, the crew departed from Maiquetía-Simón Bolívar Airport. While performing the flight, the aircraft suffered a simultaneous failure of all four engines. In response to the loss of propulsion, the pilot-in-command initiated an emergency procedure to ditch the plane in the ocean. The impact occurred just a few kilometers away from the shoreline.
Despite the severity of the crash, all three crew members were successfully rescued from the scene. The aircraft itself was destroyed during the event.
Findings
The investigation determined that the primary reason for the loss of power across all engines was fuel exhaustion.