Horror moment billionaire’s plane plunges out of sky and hits building killing 8

The moment a small aircraft plunged out of the sky and smashed into a building, killing all eight passengers, has been caught in terrifying dashcam footage.

Billionaire Dan Petrescu and a one-year-old boy who had been baptised earlier that day were among those to die in the horrific crash in a suburb of Milan, Italy on Sunday (October 3).

Footage taking from a car on a nearby motorway shows the singe engine aircraft plummeting to the ground before disappearing from view.

A huge fireball then erupts before thick black smoke fills the sky.

The aircraft burst into flames 16 seconds before hitting a building, according to romaniatv.net.

Its owner, 68-year-old Petrescu, was one of Romania’s richest men and had been travelling with his son Dan Stefan Petrescu, 30, and his 65-year-old wife Regina Petrescu.

Filippo Nascimbene, 33, his 34-year-old wife Claire Alexandrescou, their one-year-old Raphael, and her mother Miruna Anca Wanda Lozinschi, were all also killed in the tragedy.

The families had been traveling to see the billionaire’s 98-year-old mother at the family villa, following Raphael’s baptism earlier that day.

The plane was traveling at about 200mph when it smashed into the building just 11 minutes after take off.

It had diverted from its route to Olbia in Sardinia, instead turning towards the suburb of San Donato.

Controllers reportedly asked the billionaire, who was piloting the plane, why he had diverted. The response they got back was a simple: “No.”

Petrescu owned a string of hypermarkets and malls as well as a major construction firm. He was reportedly worth €3billion (£2.5bn) and had had dual Romanian and German citizenship.

One witness to the horrific crash, 19-year-old Andrea, told tgcom.24: “I saw the plane lose control. I saw it just as it crashed. I saw it dive.

"The plane was low. And then there was a lot of smoke, flames in the sky. Pieces were flying. I was very scared."

Carlo Cardinali, an officer of the Milan fire brigade, said: "The plane hit the building on the facade, with an extremely violent impact.

"The pilot made a turn, so he noticed some anomaly."

Milan prosecutor Tizian Siciliano said an alarm did not appear to have been launched from the cabin.

The plane's black box has been recovered and prosecutors have opened an investigation.

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