'UFO' Spotted Near Fort Wayne

CNN claims to have experts debating it right now, but I don't have access to their streaming video.
 
I really can't see what the big deal is about this video. For some reason, people say it is moving at a high rate of speed. Looking at the clip, it looks like it is moving but not that great of speed and definitely not at a Meteor-like speed. It really does not even take on the characteristics of space debris re-entering the atmosphere.

From what I can see, the object appears to be a jet contrail seen from a great distance. The aircraft can not be seen. I have seen many contrails of similar nature over the years in the west around sunset and in the east around sunrise. This seems like the most likely explanation.
 
wipeout said:
Seems there might be a simple solution.
The object was spotted on the same day, Oct 10th.
Click to expand...

However, I am not so sure. A reentry most likely would have been going from west to east. The story states it was in the north-northwest (although no direction of travel is given) when photographed and appears to be traveling towards the north-northeast. This might fit the reentry profile but I am still inclined towards the contrail theory.
 
We've certainly seen aircraft and contrails presented as UFOs before. There was case like that which made the international news a year or two back. It was from somewhere in south-east Asia, I forget which country, and it was quite plainly an aircraft and its contrails seen at sunset (or sunrise).
 
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