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Update: Panama City plane crash claims life of Okaloosa County man

PANAMA CITY  --  An Okaloosa County businessman was killed this morning, when his small plane crashed outside Panama City.

The plane went down around 7:30 just east of the Sandy Creek Airpark.
The Bay County sheriff's office says pilot Eli Caison was found dead in the wreckage.
  
Just before the crash, he told Air Traffic Control at Tyndall Air Force Base, his engine had lost power.
  
Federal investigators will try to determine what happened.
Caison is a co-owner of Grey Aviation and Grey Tactical Outfitters, both in Destin.