Cessna 150
Flight Crew Commercial; Flight Crew Flight Instructor; Flight Crew Multiengine; Flight Crew Instrument
Flight Crew Last 90 Days 112; Flight Crew Total 635; Flight Crew Type 229
Aircraft Equipment Problem Critical
Flight Crew Landed in Emergency Condition
Aircraft
Took off runway XX at ZZZ; around 500 ft. AGL; we lost a lot of engine power; heard a loud metal clanking/rattling sound; and smelled smoke and saw white smoke. I immediately took over and turned towards runway XX. I asked Tower to land; and they cleared us on any runway surface. Once on the ground we tried to take a taxiway but the engine made the noise again so we shut down and Tower sent a tug out for us. We did not [request priority landing]; but Tower did break off an approach and clear us to land on any runway surface.
Cessna 150 flight instructor reported experiencing engine failure after takeoff.