A MiG 23 Russian fighter jet wowing crowds at a popular US airshow “dropped like a bullet” and crashed near an apartment complex.

Footage of the accident, taken by witnesses, showed two pilots ejecting with parachutes from the low-lying jet as it performed a series of manoeuvres above Willow Run Airport in Michigan.

Detroit News reported smoke could be seen south of the airport, where the plane from the Thunder of Michigan airshow appeared to have crashed.

Marsha Bogardus, a regular at the airshow, told Detroit News the scene had frightened her children.

“We heard these huge booms. I started recording and saw the two pilots eject.

“It scared my kids and everyone was freaking out.

“It dropped like a bullet straight down near an apartment complex we live by. Not sure where it landed.”

Local media reported the two pilots were recovered from a body of water and neither had significant injuries.

In a statement, Wayne County Airport Authority confirmed no one at the apartment complex or the air show was injured.

The FAA is investigating the crash.

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