Ethiopian Airlines has issued an official statement on the matter confirming that the flight has crashed with 149 passengers and eight crew members on board.
"We hereby confirm that our scheduled flight ET 302 from Addis Ababa to Nairobi was involved in accident today", the airline stated.
The company said that the plane took off at 8:38 a.m. local time (05:38 GMT) from Addis Ababa and lost contact at 08:44 a.m.
Follow Sputnik's live feed to find out more.