What happened
The incident occurred during the final approach and landing phase when the aircraft impacted the water surface of the Bay of Buenaventura. The crash resulted in immediate structural failure and sinking. All individuals aboard the plane perished in the accident. The total loss of life included two pilots and three passengers, bringing the confirmed fatality count to five.
Findings
The source material does not provide specific technical details regarding mechanical failures, weather conditions, or pilot error that contributed to the event. No further investigative conclusions are available in the provided text.