Plane which took off from Panama City crashes on way to Albany, Georgia

On top is the approximate flight path of Key Lime Air flight 308 which crashed 25 miles southeast of Albany, Georgia, at 10:20 pm eastern on December 5, 2016. On the bottom is the data on the plane's elevation and speed. Both images courtesy of FlightAware.com.

ALBANY, GA (WJHG/WECP)-- UPDATE: Dec 6, 2016 2:30 p.m.
The identity of the pilot killed in the plane crash near Albany, Georgia, has been released.

According to Key Lime Air, the pilot is Lance McCaw of Panama City. McCaw is survived by his wife and young son.

Here's a statement from Key Lime Air President Cliff Honeycutt:

"It is with our deepest sorrow that we inform you of the death of Captain Lance McCaw. Captain McCaw was the single pilot who was involved in the accident. Lance was flying cargo for UPS from Panama City, FL., to Albany, GA., when the accident occurred. Lance is survived by his wife and young son. He was a member of our Key Lime Air family since 2001 and will be greatly missed."

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Original story Dec 6, 2016 10:51 a.m.
A plane crashed on its way to Albany, Georgia, after taking off from Northwest Florida Beaches International Airport in Panama City Beach Monday night, killing the pilot.

The plane, a Swearingen SA 227, was registered to Key Lime Air out of Colorado. The company has a fleet of over 30 aircraft and serves as an air cargo delivery partner with UPS.

The plane went down about 25 miles southeast of Georgia Regional Airport in Albany at 10:20 pm eastern time. It had taken off from ECP at 8:54 central time according to flight information on FlightAware.com.

There were thunderstorms in the area when the crash happened. It's unknown if the weather played a role in the crash.

The FAA issued a statement regarding the crash Tuesday morning:
"Key Lime Air flight 308, a Fairchild SA-227 aircraft, crashed in a field in Mitchell County, GA at about 10:20 pm on December 5. Only the pilot was on board, local authorities will release the name and condition. The flight was enroute from Panama City, FL to Southwest Georgia Regional Airport in Albany, GA when the accident occurred. The National Transportation Safety Board is in charge of the investigation, you can reach NTSB at 202-314-6100. The FAA also is investigating."

Key Lime Air has issued this statement regarding the crash:
"It is with sincere sorrow that we have confirmed a Key Lime Air aircraft, a Cargo Metroliner; has been involved in an accident. The flight was en route from Panama City, FL to Albany, GA. There were no passengers only the pilot on board. Sadly, we have received confirmation from the Mitchell County Sheriff Department that the pilot did not survive this accident.
Our focus at this time is on supporting the family of the pilot. Key Lime Air is actively participating in the investigation. All future information will come from the NTSB."