On July 18, 2012, about 1045 eastern daylight time, a Piper PA-18-150, N2991Z, operated by Barnstormer Elite Signs Inc., was substantially damaged when it ditched into the Atlantic Ocean, after it experienced a total loss of engine power while maneuvering near North Myrtle Beach, South Carolina. The commercial pilot sustained minor injuries. Visual meteorological conditions prevailed and no flight plan had been filed for the flight that originated from Grand Strand Airport (CRE), about 0900. The local banner tow flight was conducted under the provisions of 14 Code of Federal Regulations Part 91.

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