Lamar County Sheriff Danny Rigel said James Horak Jr.'s body was found a mile from the airport where Horak and his student were supposed to land. While it appeared that the 56-year-old Horak died on impact, his student was taken to a nearby hospital for broken bones and critical head injuries.
Horak's fellow jumpers said they noticed that his equipment had started to malfunction after they leapt out of the plane.
A Federal Aviation Administration spokesperson said the agency would inspect the equipment to see if it complied with federal regulations.
Notable deaths of 2014 [PHOTOS]