ARUNDEL, Maine (AP) A small plane crashed near Biddeford Municipal Airport, killing two construction company executives who were aboard, officials said.

The Beechcraft Bonanza was owned by the company and the executives were the only ones aboard Wednesday afternoon when the plane went down in woods in Arundel, officials said.

The victims were identified as the pilot, Eldon Morrison, 81, of Yarmouth, and his passenger, Paul Koziell, 55, of Scarborough, York County Sheriff William King said in a statement.

The plane was owned by CPM Constructors of Freeport, King said. Morrison was the company’s founder and CEO and Koziell served as the company’s president, according to the company website.

The two had traveled to Presque Isle and were returning when the plane crashed, King said. An investigation of the crash is being conducted by the National Transportation Safety Board.