An ex-military fighter pilot and his teenage son are feared dead after their plane crashed into the sea off Majorca.

Police confirmed on Sunday morning specialist divers were continuing to search for the occupants after locating the wreckage of the two-seat Team Rocket F-4 Raider sport plane capable of doing speeds of more than 250mph.

The plane was seen crashing into the sea near the tourist town of Soller just after 8pm on Saturday after being spotted doing air acrobatics including 'daring but legal' 360-Degree turns.

The occupants have been described locally as a former American military combat pilot aged around 60 who lives in Germany and has a holiday home in Majorca. He is understood to currently work as a commercial pilot.

Eye-witnesses have said the plane he was believed to be in performed a series of adventurous stunts off the coast before returning to Binissalem Aerodrome where he had taken off from earlier in the day to pick up his passenger.