Material recovered from the sea east of the island of Eleuthera was determined to have come from a twin-engine MU-2B aircraft, the type that air traffic control lost contact with as it travelled from Puerto Rico to Florida on Monday, said Lt. Cmdr Ryan Kelly, a Coast Guard spokesman.
"The debris does match up with that style of aircraft and we have notified the family," Kelly said. A search for the people on board was ongoing and expected to continue, he said.
Blumin was founder and CEO of Skylight Group, which provides event space around New York City, specialising in the fashion industry.
The company released a statement confirming that she and members of her family were on the plane. "Her family is working with investigators and we politely ask that you respect their privacy at this time," it said.
Their plane was at about 24,000 feet when air traffic control in Miami lost contact with it for unknown reasons.
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