Acting Chief Inspector Olga Venner of Hampshire Police said "sadly, there were no survivors." No one on the ground was hurt.
Blackbushe Airport said in a statement that the Embraer Phenom 300 jet crashed near the end of the runway while trying to land at 3:09 p.m. (1409GMT).
The airport, used by private planes and flying clubs, is about 40 miles (65 kilometers) southwest of London.