Airplane crashes into ocean after it overshoots runway in Chuuk

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All of the passengers and crew that were on board an Air Niugini plane that crashed into a lagoon in the Federated States of Micronesia are reported to be safe.

Some members of the crew and passengers on board have been taken to a local hospital for treatment and are undergoing checks, however there have been no reports of serious injuries thus far.

People in small boats were seen rescuing people from the plane before it began to sink.

Boeing 737-800 aircraft can hold up to 189 passengers in addition to crew.

Videos posted to social media show small boats helping people to safety.

A plane carrying dozens of people sunk into the sea after the aircraft came off the end of the runway at Chuuk Airport in the tiny South Pacific nation of Micronesia.

Bill Jaynes, editor of The Kaselehlie Press in Pohnpei - another island in the vast western Pacific archipelago - was aboard the flight.

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The PNG Accident Investigation Commission was sending a team to the accident site, the ABC reported.

The airline said the plane, which was involved in a collision with another aircraft earlier this year, had "landed short of the runway".

The airliner missed it's intended landing and ended up about 160 metres away from the runway in the water at around 09:30am local time.

"I thought we landed hard until I looked over and saw a hole in the side of the plane and water coming in".

Air Niugini is Papua New Guinea's leading airline and flies to over 30 destinations both nationally and internationally.

"We don't really know what happened", he said.