What happened
The FAA’s narrative, in sentence case. The FAA writes it in capitals and removes private details.
(-23) FAA notified of this accident on February 19, 2003. Notification came from owner of aircraft who was student/second pilot at time of accident. Both pilots had agreed not to report this occurrence/accident. Owner came forward due to repair/responsibility issues. (-23 amendment) cfi/pic was demonstrating maneuvers on the water to student/aircraft owner aircraft struck fixed channel marker buoy at high rate of speed causing substantial damage. Ntsb/faa notified of this accident on February 19, 2003. Notification came from student/owner. Both he and PIC had agreed not to report this accident. Owner finally came forward due to repair responsibility issues.
As the FAA filed it
(-23) FAA NOTIFIED OF THIS ACCIDENT ON FEBRUARY 19, 2003. NOTIFICATION CAME FROM OWNER OF AIRCRAFT WHO WAS STUDENT/SECOND PILOT AT TIME OF ACCIDENT. BOTH PILOTS HAD AGREED NOT TO REPORT THIS OCCURRENCE/ACCIDENT. OWNER CAME FORWARD DUE TO REPAIR/RESPONSIBILITY ISSUES. (-23 AMENDMENT) CFI/PIC WAS DEMONSTRATING MANEUVERS ON THE WATER TO STUDENT/AIRCRAFT OWNER AIRCRAFT STRUCK FIXED CHANNEL MARKER BUOY AT HIGH RATE OF SPEED CAUSING SUBSTANTIAL DAMAGE. NTSB/FAA NOTIFIED OF THIS ACCIDENT ON FEBRUARY 19, 2003. NOTIFICATION CAME FROM STUDENT/OWNER. BOTH HE AND PIC HAD AGREED NOT TO REPORT THIS ACCIDENT. OWNER FINALLY CAME FORWARD DUE TO REPAIR RESPONSIBILITY ISSUES.
NTSB investigation
The NTSB’s investigation of this event, with its probable cause and findings. Matched to this report by N-number and date.