Plane overshoots a runway in Micronesia and crash lands in the ocean – but everyone onboard survives

A plane has crash-landed in the ocean after overshooting a runway on the tiny island of Weno, north-west of Papua New Guinea.

Local authorities confirmed the airliner - which was en route to Papua New Guinea from Micronesia - missed the runway and crashed into the water around 9.30am Friday local time.

Miraculously, all 35 passengers and 12 crew members are alive, but plane was completely submerged and one passenger was injured.

Locals rushed out to the scene of the crash on small boats to help rescue passengers, who escaped the aircraft and were standing on the wings.  

As the plane began submerging, locals made their way to the wreck on small boats to rescue the 47 people on board 

The passenger plane was flying from Micronesia's Pohnpei to Chuuk Airport, where it was scheduled to make a stop before continuing on to Port Moresby in Papua New Guinea. 

Chuuk Airport manager Jimmy Emilio told local media outlets the Air Niugini plane missed the runway by about 160 metres.

Passengers and crew have been taken to the local hospital, where they are currently undergoing checks.

No serious injuries have been reported.

It's currently unclear what caused the crash.

In a statement released on Facebook, Air Niugini say they have been told 'the weather was very poor with heavy rain and reduced visibility at the time of incident'.

Papua New Guinea Accident Investigation Commission are preparing a team to investigate the site of the accident.

There were 47 people on board the flight when it crash-landed in the water, but everyone has miraculously survived

The plane is now completely submerged and one passenger injured according to a local posting photos to Facebook

The cause of the crash (pictured) is currently unknown, with local authorities preparing a full investigation into the accident