The jet trainer crashed at about 1443 Eastern time while the pilot was performing aerobatic maneuvers at the TICO Warbird Airshow. Visual conditions prevailed. The Airline Transport pilot and sole occupant received fatal injuries. The accident occurred at the bottom of a loop. A witness stated that, during the loop, the angle of descent became progressively shallow as the airplane neared the ground, as if the pilot was attempting to pull out of the dive at too low an altitude. The airplane impacted terrain and was destroyed.