A British plane owned by a City of London executive that crashed into the English Channel with two people onboard was on a day trip to France organized by the South Warwickshire Flying School, it emerged on Sunday.
The 46-year-old Piper PA-28R-200 Cherokee Arrow II came down on Saturday morning just over an hour after leaving Wellesbourne Mountford Airfield, near Stratford-upon-Avon.
As the search for survivors resumed on Sunday, it emerged that the single-engine plane was owned by Flying Instructor Guy Wakeley, 51, who is also a well-known financial services boss, but he was not involved in the weekend trip.
”Guy was doing something else this weekend,” said a source close to the financier. “He rents his plane out though the School, but is not aware who was involved in this accident”.
Mr Wakeley is part of the instructing and examining team at the South Warwickshire Flying School, which is based at Wellesbourne.
He is a former Chief Executive of Morrison Facilities Services, and financial services company Equiniti. Mr Wakeley is a Cambridge graduate with a PhD in engineering.
He is currently listed as a non-executive director at City of London equity investment company HgCapital Trust plc.
Mr Wakeley’s plane was in a group of six planes linked to the South Warwickshire Flying School.
Pilots and passengers on the other planes were on Sunday assisting the authorities with enquiries, said an emergency services source in France.
The Flying School had publicized Saturday’s trip to France as a ‘Club Fly-Out to Le Touquet’.
By 3pm on Sunday, there was still no sign of the plane, or any related debris or survivors.
Ray Stock, head of training at the Flying School, on Sunday refused to discuss who was on board the plane at the time of the crash.
“No comment,” said Mr Stock.
An emergency air-and-sea rescue operation was launched in the Channel minutes after the crash on Saturday.
The Piper PA-28 was in a group of aircraft which was heading to the northern France resort of Le Touquet.
“It crashed into British waters for an unknown reason,” said a spokesman for the French emergency services.
“British Coastguard launched an operation supported by French aircraft and boats including the Abeille-Languedoc (Languedoc Bee) tug, which has been chartered by the French Navy,” he added.
A spokesman for the Maritime Prefecture in France said the wide-ranging search was suspended overnight Saturday, as rescuers said it would resume at first light on Sunday.
“The plane was traveling from Wellesbourne to Le Touquet, with two people on board, before it disappeared off radars,” said the Prefecture spokesman.
Flight records show that the Piper PA-28R-200 Cherokee Arrow II, registration number G-EGVA left Wellesbourne at 7.56am on Saturday and appeared to go off radar over the Channel at 09.02am.
It has been due to land at Le Touquet, France, but failed to arrive. The plane was built in 1976 and has four seats.
As well as the Abeille Languedoc, the major search involved a French Navy Falcon 50 jet and a Dauphin helicopter.
Ships in the Channel were also alerted to the disappearance, but by nightfall there was no sign of the plane, or any debris.
“The search continued all afternoon, without being able to locate any debris or aircraft wreckage,” said the Prefecture spokesman.
He added: “At the beginning of Saturday evening, without additional elements and the probable sector of disappearance having been fully investigated, the searches were suspended.
“They will resume on Sunday morning morning with a flight by the Dauphin helicopter”.
Those traveling in small planes such as the Piper PA-28 are usually equipped with lifejackets and a life raft.
While the plane may have sunk in the Channel, rescuers are accordingly hoping to find the pilot and passenger on the surface.
The PA-28 is a two or four-seat aircraft built by the US firm, Piper, as a trainer, air taxi, or for personal transport.
It has been in production since 1960 and various models have been involved in a number of high-profile accidents in that time.
In August 1972, Prince William of Gloucester, the Queen’s cousin, was killed along with his co-pilot in a Piper Cherokee Arrow after crashing on take-off from Halfpenny Green, near Wolverhampton, during an air race.