The crash killed the pilot and co-pilot, while the rest of the victims are thought to be residents of the shanty town, said police chief inspector Enrique Sy.
Photos from the scene showed charred bodies lying amid the twisted wreckage of burned slum homes as firefighters cleared away blackened sheets of corrugated iron.
Deadly slum fires are common in the Philippines, where years of unabated migration from rural areas has led to the proliferation of sprawling shanty towns.
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