Australian Foreign Minister Stephen Smith on Wednesday confirmed three Australians were among those killed in a plane crash on a remote island in Papua New Guinea.

Smith said a Cessna Citation jet was carrying three Australians and two New Zealand citizens when it crashed on Misima Island on Tuesday.

According to ABC Network, the Trans Air flight overshot the runway in wet and windy weather, crashed into trees and burst into flames killing four of those on board.

An Australian permanent resident who is believed to be one of the pilots, survived the accident with only heavy bruising.

Among the dead is a 61-year-old marine pilot from Sydney who was working for the Brisbane-based company Australian Reef Pilots (ARP), which provides help for vessels navigating in difficult shipping lanes.

ARP managing director, Craig Southerwood, said the marine pilot, a passenger aboard the small Trans Air jet, had been on his way to board a ship to guide it down the east coast of Australia.

"ARP staff on the ground waiting to meet the marine pilot witnessed the accident and are obviously quite shocked," Southerwood told The Australian newspaper.

"The area is very remote and it was raining heavily at the time of the crash."

This is the third fatal plane crash in Papua New Guinea in just over 12 months. Six people died in light plane crash in January. Nine Australians were among 13 killed when a plane crashed into a mountain near Kokoda in August last year.