In a shocking mid-air collision near an airport in Colorado, two small planes crashed into each other.

The terrifying incident was first reported at around 10:40a.m. local time on Sunday August 31 and involved a Cessna 172 and an Extra EA 300.

Both aircraft were attempting to land at the Fort Morgan airport, according to the National Transportation Safety Board (NTSB). The news comes just days after a fighter jet crashed in an explosion in front of horrified spectators.

Photographs from the scene depict smoke and flames billowing into the sky around 10.40am on Sunday. The FAA and the NTSB are investigating the crash and confirmed that there were two people on board each plane.

"A Cessna 172 and an Extra Flugzeugbau EA300 collided while both aircraft were attempting to land at Fort Morgan Municipal Airport in Colorado," the FAA stated, reports the Mirror.

Morgan County Sheriff David Martin confirmed to Denver 7 that at least one person sustained burns during the crash. One of the planes caught fire and the other was heavily damaged, according to the sheriff's office.

No updates have been issued regarding the condition of those involved.

Martin said his deputies are on the scene at the airport and examining the severely damaged planes. The crash forced the airport to close while investigation work continues.

The NTSB issued a statement confirming their role in the investigation: "NTSB investigating the Aug. 31 midair collision involving a Cessna 172 airplane and an Extra EA 300 airplane near Fort Morgan, Colorado."