Chapocoene was recently promoted to Brazil's top division two years ago, and after the semi-final win against Argentina's San Lorenzo, the team was traveling to play the first leg of the final.
Colombian Aviation authorities said the plane, a British Aerospace 146 short-haul plane operated by a Bolivian charter airline named Lamia, declared an emergency at 5 p.m. GMT.
"The site of the accident is only accessible by land due to climatic conditions and low visibility," a statement from the airport said, as reported by the Mirror.
"The Colombian Air Force deployed a search and rescue helicopter which had to cancel the mission due to the adverse conditions.
"According to the authorities the police are mobilising all possible help since they are reporting six survivors."
A video published on the team's Facebook page showed the team readying for the flight earlier Monday in Sao Paulo's Guarulhos international airport.