Socata TBM 700

December 20, 2011 by staff 

Socata TBM 700Socata TBM 700, Five people were killed when a small plane headed to Georgia crashed on a New Jersey highway Tuesday. The plane was carrying Jeffrey F. Buckalew and Rakesh Chawla, both managing directors at investment bank Greenhill & Co., according to the firm. Also killed in the crash were Mr. Buckalew’s wife, Corinne, and their two children, Jackson and Meriwether.

The 2005 Socata TBM 700 single-engine turboprop was headed to Atlanta when, Federal Aviation Administration and State Police officials said, the plane spiraled out of control, lost a wing and struck the wooded median highway strip on Interstate 287 in northern New Jersey. The plane exploded upon impact.

Wreckage was scattered over a half-mile-wide area, with a wing found lodged in a tree about a quarter-mile away, near a highway entrance ramp.

An FAA spokeswoman said that plane was scheduled to fly to the Dekalb-Peachtree Airport in Atlanta. She said the pilot had been in contact with an FAA radar facility in Ronkonkoma, New York and that radio communication was lost shortly before the crash; the plane was registered to an address on Manhattan’s Upper East Side.

In a statement issued Tuesday, company chairman Robert F. Greenhill and CEO Scott Bok said the firm “is in deep mourning over the tragic and untimely death of two of its esteemed colleagues and members of Jeff’s family. Jeff was one of the first employees of Greenhill. He and Rakesh were extraordinary professionals who were highly respected by colleagues and clients alike.”

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