Officials at Kathmandu Medical College, the closest hospital to Nepal's only global airport, said they were treating 16 survivors of the Q400 crash, whose earlier versions were called Dash 8.
The Dhaka-based US-Bangla Airlines is a private carrier that launched in July 2014 with the motto "Fly Fast Fly Safe".
At least eight people died in the crash, according to The Daily Star in Bangladesh.
"So far 49 people are dead and 22 are undergoing treatment at different hospitals", Sanjiv Gautam, executive director of the Civil Aviation Authority of Nepal (CAAN), told reporters. It then landed into an empty field and burst into flames around 150 feet from the runway, The New York Times said.
Flight BS211 veered off the runway after trying to land at Tribhuvan International Airport in Kathmandu, Nepal.
An airline official said some injured passengers had been taken away by ambulance.
Just two months later, a Pakistan International Airlines plane crashed as it approached the airport, killing all 167 people on board.
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According to Raj Kumar Chettri, general manager of the airport, flight BS-211, which covered the Dhaka-Kathmandu route, collided with a fence of the facility when it descended on the runway.
Officials, however, say a technical glitch could have caused the accident.
The plane had circled the airport twice as it waited for clearance to land, and while it prepared to land swerved repeatedly. Other sources said the aircraft was 17 years old.
Kathmandu's airport has been the site of several deadly crashes. Officials said 32 Bangladeshi nationals, 33 Nepalis, one Chinese national and one Maldivian citizen were among the 71 people aboard.
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Nepali Prime Minister K.P. Sharma Oli spoke to his Bangladeshi counterpart Sheikh Hasina following the incident and expressed sorrow over the loss of lives.
In March 2015, a Turkish Airlines plane skidded off the runway in dense fog, but passengers only sustained minor injuries. It is a subsidiary of US-Bangla Group, a United States-Bangladesh joint venture company.
Survivor Sanam Shakya, who climbed out of a window of the smouldering plane, said he didn t realise the aircraft was in trouble until it hit the ground.
In May, 2012, Agni Air's Dornier 228-212 (9N-AIG) crashed near Jomsom Airport in Mustang, killing 15 people.
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