Nearly five months after Vittorio Missoni's plane first went missing off the coast of Venezuela, authorities have located the aircraft.
The 58-year-old Missoni was one of six passengers, including his wife, Maurizia Castiglioni, aboard the Caracas-bound aircraft when it went missing on Jan. 4.
The families of the passengers, who have been working with Venezuelan authorities, revealed details about the discovery earlier today.
"On behalf of the Missoni, Castiglioni, Foresti, and Scalvenzi families, it is confirmed that the airplane number YV615BN-2A, which disappeared on Jan. 4, 2013 with Vittorio Missoni, Maurizia Castiglioni, Guido Foresti, Elda Scalvenzi, pilot Hernan Jose Marchan and copilot Juan Carlos Ferrer Milano on board, has been found," the families said in a statement to E! News. "The airplane has been identified on the fifth day of the current search mission, thanks to the technology of the oceanographic American ship, the Deep Sea. The wreck is located in the waters to the North of the Los Roques Archipelago."
The team has not recovered the plane, and it is not known if there are any bodies inside the aircraft.
The passengers' loved ones went on to express their gratitude towards those people who made the discovery possible.
"The families thank the Venezuelan Government and the Italian Government for the effort in having made this search possible, and they are confident that the investigation will follow through to the ascertainment of the causes and the responsibility for the accident."
Missoni served as the CEO of the Italian fashion label that his parents, Ottavio Missoni and Rosita Jelmini, founded in 1953. Together with his siblings, he owned the company, which is famous for its iconic zigzag print and knitwear, and counts celebrities like Katie Holmes and Cameron Diaz as fans.
Back in 2011, the brand created a capsule collection with retailer Target, which quickly sold out in many stores and even crashed the store's website.
Missoni had been traveling with his wife on vacation during the Christmas and New Year holidays before the plane crashed. His father, who died at the age of 92 shortly after his son's disappearance, and sister, Angela, vowed they would not give up in their search for Vittorio back in January.