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THIS is the terrifying moment a fighter jet crashes and bursts into flames, killing its two-man crew.

The military training jet had been performing at an airshow display in Villa Canas, Santa Fe province, Argentina before the disaster struck.

A jet has crashed killing its two passengers
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A jet has crashed killing its two passengersCredit: CEN
The plane crashed just moments after a performance at an airshow
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The plane crashed just moments after a performance at an airshowCredit: CEN

Both the pilot, Gastón Vanucci, and his co-pilot, Nicolás Skares, died before rescuers could reach the plane.

The horror crash happened just moments after the jet performed a very low level pass of the crowd.

Spectator video footage of the performance on November 12 shows the 500mph aircraft making a pass over the runway as it thrilled audience members.

But seconds later, the jet banks to the right to perform a loop-the-loop stunt and, as it seems, fails to pull up in time.

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As the crowd gasp in horror, the jet hurtles down toward the ground and bursts into flames as it smashes into a field yards from a busy road.

The aircraft was a Soviet-era L29 Dolphin military training jet.

L29s became a mainstay of Soviet air forces across communist eastern Europe after they came into production in 1959.

The Czech-made two-seaters were used to train combat pilots and were often adapted for combat roles as fighter bombers.

Villa Canas Fire Chief Horacio Pereyra told local media that the plane "crashed a few metres from where the public was witnessing the spectacle".

Pereyra said the jet "made a low flight and when it finished crossing the runway at one of the runways, it made a half spin and then plummeted to the ground."

Officials at the air club hosting the display said: "The plane made a low flight over the post and when it was leaving, while making a turn, it landed on its end.

"Two people were aboard the plane, which is a combat aircraft. It is a Russian plane with a pilot and a passenger in the back.”

Villa Canas mayor Norberto Gizzi said: "We are all moved by the event and stunned because everyone who was at the event was surprised to see how the plane fell."

The plane performed a fly-by moments before disaster struck
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The plane performed a fly-by moments before disaster struck
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