• Home
  • Latest
  • Fortune 500
  • Finance
  • Tech
  • Leadership
  • Lifestyle
  • Rankings
  • Multimedia

Exclusive

An hour in the Oval Office with President Trump Fortune Editor-in-Chief: Alyson Shontell sat down with President Trump in the Oval Office for an hour. Tariffs, Intel, AI, Boeing, Iran—and the question every CEO eventually has to answer: who's next?

An hour in the Oval Office with President Trump Fortune Editor-in-Chief: Alyson Shontell sat down with President Trump in the Oval Office for an hour. Tariffs, Intel, AI, Boeing, Iran—and the question every CEO eventually has to answer: who's next?

An hour in the Oval Office with President Trump Fortune Editor-in-Chief: Alyson Shontell sat down with President Trump in the Oval Office for an hour. Tariffs, Intel, AI, Boeing, Iran—and the question every CEO eventually has to answer: who's next?

An hour in the Oval Office with President Trump Fortune Editor-in-Chief: Alyson Shontell sat down with President Trump in the Oval Office for an hour. Tariffs, Intel, AI, Boeing, Iran—and the question every CEO eventually has to answer: who's next?

An hour in the Oval Office with President Trump Fortune Editor-in-Chief: Alyson Shontell sat down with President Trump in the Oval Office for an hour. Tariffs, Intel, AI, Boeing, Iran—and the question every CEO eventually has to answer: who's next?

An hour in the Oval Office with President Trump Fortune Editor-in-Chief: Alyson Shontell sat down with President Trump in the Oval Office for an hour. Tariffs, Intel, AI, Boeing, Iran—and the question every CEO eventually has to answer: who's next?

An hour in the Oval Office with President Trump Fortune Editor-in-Chief: Alyson Shontell sat down with President Trump in the Oval Office for an hour. Tariffs, Intel, AI, Boeing, Iran—and the question every CEO eventually has to answer: who's next?

An hour in the Oval Office with President Trump Fortune Editor-in-Chief: Alyson Shontell sat down with President Trump in the Oval Office for an hour. Tariffs, Intel, AI, Boeing, Iran—and the question every CEO eventually has to answer: who's next?

An hour in the Oval Office with President Trump Fortune Editor-in-Chief: Alyson Shontell sat down with President Trump in the Oval Office for an hour. Tariffs, Intel, AI, Boeing, Iran—and the question every CEO eventually has to answer: who's next?

An hour in the Oval Office with President Trump Fortune Editor-in-Chief: Alyson Shontell sat down with President Trump in the Oval Office for an hour. Tariffs, Intel, AI, Boeing, Iran—and the question every CEO eventually has to answer: who's next?

LifestyleAviation

Retired dentist who spent years building a small airplane traumatized after man he sold it to for $100,000 crashes into the ocean

By
Christopher Weber
Christopher Weber
and
The Associated Press
The Associated Press
Down Arrow Button Icon
By
Christopher Weber
Christopher Weber
and
The Associated Press
The Associated Press
Down Arrow Button Icon
January 19, 2024, 1:45 PM ET
Plane Crash California
This June 22, 2022 photo provided by Thane Ostroth shows the Cozy Mark IV plane that crashed into the ocean off the California coast on Sunday, Jan. 14, 2024.Thane Ostroth via AP

A small airplane that crashed into the ocean off the California coast on Sunday was constructed piece by piece over nearly a decade, one of tens of thousands of home-built aircraft that are part of a high-flying hobby taking off across the country.

Federal investigators said they believe four people were aboard the single-engine Cozy Mark IV when it went down in the evening just south of San Francisco. No survivors were found and only one body had been recovered from the waters near Half Moon Bay and identified as of Thursday.

The names of the pilot and two other passengers were not released. The plane was registered to an Oakland-based company called Winged Wallabies, Inc., according to Federal Aviation Administration records.

There have been no official indications of what went wrong, but a witness reported hearing an engine losing power and cutting out.

Thane Ostroth, a retired dentist who began building the aircraft in 1999 and flying it in 2008, said he sold the plane last year to a young, experienced and enthusiastic pilot from Australia for around $100,000, which is about what he estimated went into the project over the decades.

Ostroth said the buyer, in his late 20s, knew a lot about planes. He landed the plane perfectly on his first test flight, which is not easy to do.

“I told him, ‘That was well done,’” Ostroth recalled. “He said, ‘Thank you. I’ll buy the plane.’”

Authorities have not said whether the plane’s owner was among those on board.

Ostroth said he heard about the crash in an online chat group for pilots and builders of Cozy aircraft, a class of planes constructed by individuals rather than mass-produced by companies.

He said it was “traumatic” to know the plane he had spent so much time on had crashed with people on board.

“It’s just a horrible feeling,” Ostroth said.

Like commercial aircraft, all home-built planes are required by the FAA to be inspected annually for air worthiness. Cozy aircraft have the same safety record as commercially built planes of similar size, said aeronautical engineer Marc Zeitlin, who consults with the National Transportation Safety Board on crash investigations involving Cozy aircraft, including this one.

More than 33,000 amateur-built aircraft are licensed by the FAA, a figure that has tripled since the 1980s.

The administration designates any non-commercial, recreational aircraft as “experimental.” Those can include planes built from kits with some prefabricated parts or from plans in which the builder buys or manufactures and assembles all the parts.

The four-seat Mark IV, at just over 16 feet (5.1 meters) long with a 28-foot (8.5-meter) wingspan, is a popular plane among the growing number of aviation hobbyists who build their own aircraft. Zeitlin owns one himself that he takes on day trips and cross-country voyages.

“The misconception is that these are put together by baling wire and glue,” said Zeitlin, CEO of California-based Burnside Aerospace. “But they are built using aircraft methodology.”

The Mark IV has a “canard” design, with a small forewing placed to the front of the main wing, making it reminiscent of a duck stretched out in flight. It is lightweight, only about 1,050 pounds (475 kilograms) empty, with the parts fitted together with epoxy.

With a top speed approaching 200 mph (322 kph), it is fast, stable and fuel-efficient, Zeitlen said.

“Like a sports car in the sky,” he said. “Very fun to fly.”

Ostroth said he bought the plans for his Cozy for about $500 and started putting it together in a friend’s basement in Michigan. Eventually they moved construction to the home’s garage and then built a barn in the backyard for the final steps.

“The plans come with a list of authorized suppliers of parts,” said Ostroth, who now lives in Florida. “You buy foam, you buy fiberglass, you buy metal parts from all the manufacturers. And you slowly piece it together.”

Help can be found from other enthusiasts who post tips and advice in online forums.

Ostroth flew the aircraft regularly for 15 years. He called it “a wonderful little plane.”

Sunday’s crash was reported around 7 p.m. by a 911 caller who said the plane was in obvious distress and appeared to go down toward the water near Ross’ Cove, according to the San Mateo County Sheriff’s Office.

The U.S. Coast Guard said a helicopter and boat crew looked in a 28-square mile (73-square-kilometer) area for nearly six hours before calling off the search around mid-morning Monday. A few hours later, a woman’s body was found by a commercial fishing boat crew. The San Mateo County Coroner’s Office identified her as Emma Willmer-Shiles, 27, of San Francisco.

The National Transportation Safety Board said its investigators arrived on scene Tuesday to document the wreckage and interview witnesses. A preliminary report is expected within 30 days.

___

Associated Press writer John Antczak in Los Angeles contributed to this report.

Join us at the Fortune Workplace Innovation Summit May 19–20, 2026, in Atlanta. The next era of workplace innovation is here—and the old playbook is being rewritten. At this exclusive, high-energy event, the world’s most innovative leaders will convene to explore how AI, humanity, and strategy converge to redefine, again, the future of work. Register now.
About the Authors
By Christopher Weber
See full bioRight Arrow Button Icon
By The Associated Press
See full bioRight Arrow Button Icon

Latest in Lifestyle

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025

Most Popular

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Fortune Secondary Logo
Rankings
  • 100 Best Companies
  • Fortune 500
  • Global 500
  • Fortune 500 Europe
  • Most Powerful Women
  • World's Most Admired Companies
  • See All Rankings
  • Lists Calendar
Sections
  • Finance
  • Fortune Crypto
  • Features
  • Leadership
  • Health
  • Commentary
  • Success
  • Retail
  • Mpw
  • Tech
  • Lifestyle
  • CEO Initiative
  • Asia
  • Politics
  • Conferences
  • Europe
  • Newsletters
  • Personal Finance
  • Environment
  • Magazine
  • Education
Customer Support
  • Frequently Asked Questions
  • Customer Service Portal
  • Privacy Policy
  • Terms Of Use
  • Single Issues For Purchase
  • International Print
Commercial Services
  • Advertising
  • Fortune Brand Studio
  • Fortune Analytics
  • Fortune Conferences
  • Business Development
  • Group Subscriptions
About Us
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • Facebook icon
  • Twitter icon
  • LinkedIn icon
  • Instagram icon
  • Pinterest icon

Latest in Lifestyle

michael
Arts & EntertainmentBox office
Moviegoers still hungry for sanitized Michael Jackson biopic, knocking ‘Devil Wears Prada 2’ off top spot
By Lindsey Bahr and The Associated PressMay 18, 2026
3 hours ago
spirit
Travel & LeisureAirline industry
Spirit Airlines apologizes to all the Americans who can’t afford any summer vacation flights as it shuts down
By Rio Yamat and The Associated PressMay 18, 2026
4 hours ago
shakira
LawTaxes
Shakira will get a $64 million refund from the Spanish government after judge finds she’s not a tax fraud after all
By The Associated PressMay 18, 2026
4 hours ago
CDC to escalate Ebola response after WHO declares emergency
HealthHealth
CDC to escalate Ebola response after WHO declares emergency
By Jessica Nix and BloombergMay 17, 2026
18 hours ago
WHO declares latest Ebola outbreak a global health emergency. A rare variant of the disease with no approved treatments is to blame
HealthHealth
WHO declares latest Ebola outbreak a global health emergency. A rare variant of the disease with no approved treatments is to blame
By Chinedu Asadu and The Associated PressMay 17, 2026
23 hours ago
murdochs
CommentaryMedia
OpenAI paid $100 million for a talk show. James Murdoch is eyeing an even bigger deal. The hot new asset class is humanity
By Lin CherryMay 17, 2026
1 day ago

Most Popular

Microsoft AI chief gives it 18 months—for all white-collar work to be automated by AI
AI
Microsoft AI chief gives it 18 months—for all white-collar work to be automated by AI
By Jake AngeloMay 16, 2026
2 days ago
The top foreign holders of U.S. debt may soon dump Treasury bonds and bring their money back home, potentially spiking borrowing costs
Economy
The top foreign holders of U.S. debt may soon dump Treasury bonds and bring their money back home, potentially spiking borrowing costs
By Jason MaMay 17, 2026
23 hours ago
The Bezos family just donated $100 million to help achieve one of Mayor Zohran Mamdani’s top campaign promises
Politics
The Bezos family just donated $100 million to help achieve one of Mayor Zohran Mamdani’s top campaign promises
By Jake AngeloMay 12, 2026
6 days ago
'No one was coming to save me': How Reese Witherspoon built a $900 million company from a problem Hollywood wouldn't fix
Success
'No one was coming to save me': How Reese Witherspoon built a $900 million company from a problem Hollywood wouldn't fix
By Sydney LakeMay 17, 2026
1 day ago
SpaceX heads into a record-shattering IPO with the 'deepest moat that exists today' as investors vow to 'never bet against Elon'
Innovation
SpaceX heads into a record-shattering IPO with the 'deepest moat that exists today' as investors vow to 'never bet against Elon'
By Jason MaMay 16, 2026
2 days ago
Gen X is the most indebted generation in America. Their employers can fix that
Commentary
Gen X is the most indebted generation in America. Their employers can fix that
By Mary MorelandMay 17, 2026
1 day ago

© 2026 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information
FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.