On June 11, 1997, about 1600 eastern daylight time, a Cessna 501, N1AT, registered to Betaco, Inc., was substantially damaged during an attempted go-around after landing at the Chub Cay International Airport, Berry Island, Bahamas. Visual meteorological conditions prevailed at the time and an IFR flight plan was filed for the 14 CFR Part 91 personal flight. The airline transport-rated pilot and seven passengers were not injured. The time of departure from the Fort Lauderdale International Airport, Fort Lauderdale, Florida, has not been determined.

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