‘Two dead’ in horror plane crash after jet plunges near airport and crashes into street in Buenos Aires

It then erupted into flames killing the pilot and co-pilot, who were the only people on board at the time.

They have been identified as 35-year-old Agustín Orforte and 44-year-old Martín Fernández Loza.

Firefighters quickly arrived at the scene to put a blaze out and investigators are now probing the wreck.

Cars also caught fire and three houses were damaged.

A 73-year-old man who lived in one of the homes was taken to hospital.

One of the homeowners said she feared she would die.

Melany, who is pregnant, said: "It was a very ugly despair. What hurts me is that I lost my daughter's things.

"I was with her and my sister, we got out of there in a hurry. If my brother hadn't broken the wall, we wouldn't have gotten out.

"We saw the plane coming at full speed. We heard it.

"We were in the yard, and we saw it coming from behind the bars. It was coming straight at us.

"We started running to the back. If we didn't break the wall, we would have died there with the plane."

CCTV footage shows the plane driving along the ground then through a fence at the edge of the airport and into the building right across the road.

Locals then rushed around the plane and recorded footage of the burning wreck.

Black smoke could be seen for miles around with a cordon now set up for firefighters and investigators working on the wreck.

The pilots were returning from Uruguay where they had been chartered to go earlier in the morning.

San Fernando Airport is in the a northwest suburb of Buenos Aires and only sees a small number of flights through it each year.