Two dead, one missing after hot air balloon catches fire in Virginia

A hot air balloon on fire is pictured north of Richmond, Virginia, May 9, 2014, in this handout photo courtesy of Lynn Shultz. At least one person died and two were missing after the hot air balloon hit a power line and caught fire over Virginia during a festival, police said on Saturday. REUTERS/Lynn Shultz/Handout via Reuters

(Reuters) - Two people were killed and another was missing after a hot air balloon hit a power line and caught fire over Virginia during a festival as horrified witnesses watched from below, police said on Saturday.

Authorities conducted a search in the air and with more than 100 people on the ground for the third person who was in the balloon's basket at the time of the Friday evening accident about 30 miles (50 km) north of Richmond.