All 11 people on board a private Turkish plane were presumed dead on Sunday after it crashed and burst into flames on an Iranian mountainside while en route from the United Arab Emirates to Istanbul, officials said. Those on board included Basaran's daughter Mina and seven of her friends, all flying back from a party ahead of her planned wedding next month. It also owns two luxury hotels Ramada Resort Bodrum and Ramada Plaza Trabzon, Turkish newspapers said.
The head of the Turkish Red Crescent told Reuters news agency that there was "no chance" of any survivors.
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Basaran Investment Holding is active in the food, finance, energy, construction, tourism and travel industries, according to the company's website.
The Young Journalists' Club website quoted Mojtaba Khaledi, the spokesman of the country's emergency management agency, as saying that local villagers had reached the site of the airplane crash late Sunday night.
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The plane was seen catching fire in the air, before it crashed into the heights of Helen Mountain near Dorak Anari village, Xinhua reported.
Between 11 to 20 people were onboard the aircraft, the ISNA News agency reported citing sources in rescue services.
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"We can confirm that a Turkish private jet. while passing through our airspace disappeared from the radar and crashed near Shahr-e Kord", Reza Jafarzadeh told state television.