The Incident
A charter flight operating on behalf of the National Bank of Colombia departed on a domestic route with four passengers, two pilots, and a load of bank notes. On approach to Montería-Los Garzones Airport, the crew executed a wrong approach configuration, resulting in the aircraft touching down too far down runway 32. The runway, measuring 1,860 meters in length, was insufficient for the aircraft to stop within the remaining distance. The aircraft overran the runway, losing its nose gear and both engines during the excursion, and came to rest 95 meters beyond the runway end.
Aftermath
All six occupants escaped the aircraft uninjured. The aircraft sustained damage beyond economical repair and was written off.
Probable Cause
The official investigation determined that the probable cause was poor approach and landing planning by the crew, who continued the approach at an excessively high altitude, causing the aircraft to land too far down the runway and reducing the available landing distance. Contributing factors included poor crew coordination and the crew's failure to initiate a go-around.