A Russian news report on the plane crash in Pakistan shows footage of three mysterious lights moving in formation.
The Bhoja Air crash on Friday was the second in Pakistan in less than two years involving a private Pakistani airline.
Farooq Bhoja was earlier taken into custody by Federal Investigation Agency for questioning.
The Civil Aviation Authority director general ruled out technical fault in the plane.
A report said the plane had been descending at a speed of 500 kilometres per hour before it eventually crashed.
An editorial in the News International criticised the chaos following the Friday crash of the Bhoja Air 737.
Over a day after a plane crashed in Pakistan, the officials are looking for reasons that claimed the lives of all 127 people on board.
A report said Bhoja Air captain had informed the control tower that the plane was getting out of his control 3 minutes before the tragedy.
All the 127 people on board a Pakistani airliner were killed in the plane crash in a residential area near the Chaklala airbase.
Bhoja Air only resumed operations last month after suspending them in 2001 due to financial difficulties.
A Pakistani passenger plane carrying 127 people crashed in stormy weather and burst into flames while approaching Islamabad airport.
Day in Pics: 20th September
Showbiz World - September 20, 2014
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