In a statement to ABC News, Marcus Schrenker said:
I am sincerely sorry for the pain, suffering and dishonor my actions have caused my friends and family to endure. This has certainly been a regretful chapter in my life.
My decision to unconditionally accept 100 percent responsibility is the first of many necessary steps to start the healing process. My greatest concern is that of my family whom has been undeservingly humiliated and ostracized because of my catatonic behavior.
It has been difficult to come to the realization that I had been suffering from a severe mental illness. Without being treated it manifested and was clearly a contributing factor in the aircraft incident and money management decisions.
I especially want to apologize to the American Aviator, a community of truly remarkable pilots, across many generations, of whom I have dishonored. I was clearly operating in a confounded, diminished capacity and demonstrated irrational conduct of which had no place in the cockpit.
It is my hope that my wife and children know that I love and miss them with the whole of my heart. They have suffered more than anyone in all this and I fail to find words that can appropriately describe the gravity and sheer magnitude of the remorse in me. The unspeakable agony this has afflicted on them can scarcely be described.