An Airbus 320 flying from Barcelona to Dusseldorf has crashed in southern France, Reuters reports.
The Germanwings flight was carrying 142 passengers and six crew members, according to AFP. The plane crashed in the southern French alps.
The exact number of casualties has not yet been confirmed, but French officials said in statements that there are unlikely to be any survivors.
French Prime Minister Manuel Valls told reporters: “We of course don’t know the reasons for the crash. We obviously fear that the 142 to 150 passengers and crew died today, given the conditions of this crash.”
French President Francois Hollande echoed this statement, saying “the conditions of the accident suggests that there would be no survivors.”
Hollande also tweeted this statement expressing solidarity with the families of the victims:
The plane reportedly sent a distress signal before the crash, France’s transport minister said.
The plane crashed in the Digne region, which is about a half hour north of Marseille, Bloomberg reports.
Bodies from the crash are being taken to an emergency morgue that has been set up in a nearby gym, according to a reporter for the Daily Mirror.
Debris from the aircraft has been found near a French village, AFP reports. The area where the plane reportedly went down is mountainous, isolated, and rural.
Dozens of firefighters and policemen are on their way to the crash site, according to French newspaper Le Monde.
The plane took off from Barcelona at 10:01 a.m. local time in northern Germany and disappeared from radar screens at about 11:15 a.m., Europe 1 reports.
Flight 4U9525 was from the budget airline Germanwings, which is based in Cologne and was founded in 2002. It is wholly owned by Lufthansa.
Airbus and Lufthansa shares are both tanking.