Bangko Sentral NG Pilipinas

Dassault Falcon 20

The aircraft was completing a cargo flight from Davao City to Manila, carrying six passengers, two pilots and a load consisting of eight crates of gold. Just after liftoff, while climbing to a height of about 75 feet, the aircraft stalled and landed back on runway. Unable to stop within the remaining distance, the aircraft overran and came to rest in a banana plantation, broken in three. All eight occupants escaped uninjured.