Harding, New Jersey – December 20, 2011
The managing directors from Greenhill & Co. were killed along with a woman and two children when their plane crashed onto the New Jersey interstate Tuesday.
According to the New Jersey State Police, 45-year-old Jeffrey F. Buckalew, an experienced pilot and a managing director for Greenhill & Co., was flying a single-engine Socata TMB 700 turboprop with his wife Corinne Buckalew, their two children and his managing partner 36-year-old Rakesh Chawla. About 10 a.m. Mr. Buckalew contacted flight control about icing. Shortly after, the plane was heading to Atlanta when it came crashing down onto Interstate 287.
All five people on board were declared dead at the scene.
The Federal Aviation Administration reports that 268 fatal general aviation crashes occurred in the United States in 2010, resulting in 457 deaths. In 2001, 325 fatal crashes were reported, leaving 562 people dead. The rate of fatal general aviation accidents per 100,000 flight hours has fallen from 1.28 in 2001 to 1.14 in 2010. General aviation pilots logged just 22 million flight hours in 2008, compared to 29 million in 1999.
