What happened
The seaplane was operating over the waters of Manzanillo Bay, located off the coast of Colón. During the flight, the aircraft performed a water loop maneuver. Following this action, the plane lost control or stability and sank into the bay. Emergency response protocols were likely initiated given the nature of the accident, though specific details regarding rescue operations are not provided in the source material.
Findings
The incident concluded with no fatalities. All individuals on board survived the event, although the extent of any injuries is not specified in the available records.