Police have located the wreckage of the plane which crashed in Mount Martha on Sunday afternoon.
Remains of the plane were found in waters near Mount Martha on Tuesday morning.
Water Police, Air Wing and Uniform officers carried out the extensive search across Port Phillip Bay as part of the multi-agency operation.
The crash claimed the life of two men, 56-year-old pilot Stephen Gale, and 30-year-old skilled cameraman James Rose.
On Sunday, emergency services were called to reports two small planes collided about 1.45pm.
While one of the planes were able to land safely at Essendon Airport, the other crashed into the water.
A large part of the plane’s body was located in waters the shore of Mornington.
Police continue to work on removing the fuselage of the plane from the water for it to be searched.
Investigations remain ongoing as police continue to determine the exact circumstances of the collision.
Anyone who witnessed the incident or has vision of the planes are urged to contact Crime Stoppers on 1800 333 000 or submit a report to www.crimestoppers.com.au
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