TAIPEI, July 24 (Xinhua) -- Forty-eight people have been confirmed dead and 10 injured after a plane crashed on western Taiwan's Penghu Island, amid stormy weather, on Wednesday evening.

TransAsia Airways Flight GE 222, with 58 people on board, crashed into residential buildings after a failed emergency landing at Magong Airport.

According to a statement from the airline on Thursday morning, the flight was carrying 54 passengers, including two French nationals, and four crew.

Taiwan's civil aeronautics authority said that 14 of the 48 killed have been identified, while the identities of the 34 others still need to be confirmed.

Of the 10 injured, only one still needs to be identified, said the authority at a Thursday press conference.

It said that family members of all people on board have been contacted and TransAsia will help them head for Magong.

A military flight has been sent to Penghu to fetch the injured to the main island of Taiwan, and several policemen and forensic anthropologists have been sent to Penghu to help with the aftermath of the crash.

Six freezers to help store the remains are also expected to reach Penghu by sea at about 2 p.m..

The island's aviation safety council announced on Thursday morning that two of the plane's black boxes have been found.

However, they have been badly damaged in the crash and need to be dried.

The council said that experts would try to recover the flight data recorded in the boxes to determine the cause of the accident.

The families of the people on board are rushing to Magong Airport. TransAsia will pay them compensation worth 200,000 new Taiwan dollars (6,673 U.S.dollars) per family member on board plus a funeral subsidy worth 800,000 new Taiwan dollars for each family member who died in the crash, according to the airline's statement.

Flight GE 222's twin-engine ATR-72 turboprop aircraft was scheduled to take off from Taiwan's southern city of Kaohsiung at 4 p.m., but left at 5:43 p.m. due to bad weather.

As it was preparing to land at Magong in heavy rain, the plane was forced to pull up due to poor visibility. It requested to circle the airport before trying to land but thereafter lost contact with the tower.

On its second attempt to land, the plane crashed into residential buildings in the village of Xixi in Penghu.

Xi Jinping, general secretary of the Communist Party of China Central Committee, has conveyed condolences.

Xi, who is visiting Latin America, was in a state of "deep grief" after learning of the tragedy, said a statement from the State Council Taiwan Affairs Office (SCTAO).

The mainland will provide help with the aftermath of the crash if needed, the SCTAO said.

TransAsia Airways, founded in 1951, is Taiwan's first private airline, mainly focusing on the island's market and short overseas flights.

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