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Quoting from CNN.com:
More information in the article here and the breaking news feed here.
Islamabad, Pakistan (CNN) At least 97 people have been killed after a Pakistan International Airlines (PIA) flight crashed Friday in the southern Pakistani city of Karachi, according to a statement from the Sindh Health Department.
The airline's CEO said at a news conference that the flight from Lahore was carrying 99 passengers and crew members in total. A rescue operation is being carried out by Pakistan's Army Search and Rescue Team.
Two passengers survived but 97 bodies have been recovered, Pakistan Armed Forces spokesman Major General Babar Iftikhar said on Saturday. Army troops, rangers and social welfare organizations were assisting in the search, he added.
He added: "97 bodies recovered. 2 passengers survived. 25 affected houses cleared, their residents accommodated at various places with the assistance of Civil Administration."
The plane did not hit any buildings and no one on the ground appears to have been killed, PIA CEO Air Vice Marshal Arshad Malik had earlier told reporters in Karachi. The plane landed in a lane.
Malik said the airline was tracking the number of dead by coordinating with local hospitals, a procedure that will take at least two days. He only knew of one survivor, Zafar Masood, the CEO of the Bank of Punjab.
More information in the article here and the breaking news feed here.