Tye also messaged her mother thinking there might be a possibility she would not make it out alive, the Daily Mail reports.
The 39-year-old said she was travelling without her two young children and husband on Sunday and the chaos began to unfold 35 minutes into the flight.
"All I could think was I'm not going to get to see them again," she told the Lancashire Evening Post.
"Because we were getting lower I was able to write a text to my husband. I said 'the plane is dropping and the oxygen masks have dropped down, if anything happens I love you'.
"It was awful after we landed. When it's all happening your brain goes into shock but when we landed that's when it all hit us.
"That's when people started crying. There was a woman at the front who could not be consoled."
After initially declaring it an emergency incident, the captain attempted to calm the 180 passengers on board by saying there had been a minor fault which caused the plane to dive.
The plane still did carry out an emergency landing in Barcelona, where they waited for four hours before eventually being flown to Leeds.
It was reported many were too scared to board another flight and Jet2 has since apologised to those who were on the plane.
Also on the flight was Tom Miller, 39, who had the exact same reaction as Mrs Tye and scrambled to text his wife when he thought he plane was going down.
He told the Sheffield Star: "The emergency masks dropped down and the plane started diving down in at least a 40-50 degrees dive.
"It seemed to go on forever but looking back it was probably only a couple of minutes. It felt like we were falling out of the sky."
Miller had been in Ibiza with friends and messaged his wife saying "I love you, babe".
"Some of them (friends) were sat by the window and we looked at each other and the looks just said 'this is how it ends'.
"At that point we just didn't know. The plane was going down. There was nothing but sea beneath us and we were going down.
"So I text my wife and told her I loved her. What else do you do?"
Physiotherapist John Hatfield, 33, was another passenger and he slammed the airline after his oxygen mask failed to drop during the plane's 30,000ft dive to an emergency landing.
He was forced to frantically rip down a metal panel to access his safety mask when all of the cabin's oxygen masks dropped down apart from the ones belonging to John, his girlfriend and a man's next to them which were lodged in the panel.
John, from Middlesbrough, said: "The announcement just came on and the pilot said 'prepare for emergency decent'.
"It took a couple of seconds to register what was going on - and then everyone's masks came down apart from the one on our row.
"My girlfriend was really upset and crying.
"We were calling for the flight attendants and pressing the button for attention - but they had already sat down and put their own masks on.
"I saw the panel was a little open, so I pulled at it to try and get the masks down.
"Obviously in that situation you don't know what to do - you don't know if you should be pulling at the equipment.
"Eventually we managed to get the masks on - but it was quite terrifying.
"Luckily it was me, but I hate to think what could have happened if it was a child or an old person who could not reach or was not strong enough to pull it open."
He said that the flight had been incredibly hot, but as they reached 10,000ft the air conditioning failed and the temperature had become unbearable.
The physiotherapist said: "I was quite upset that Jet2 have not admitted the safety issues - it was really serious that the masks didn't come down.
"I completely understand that planes do need to make emergency landings, it is one of those things.
"But the safety breaches were just unacceptable and we were not prepared for the situation at all.
"I just want Jet2 to admit responsibility and I want them to incorporate better safety instructions."
A spokesperson for Jet2 said the emergency landing was a result of a "minor technical issue".
They said: "On Sunday July 16, flight LS264 from Ibiza to Leeds Bradford diverted to Barcelona due to a minor technical issue.
"We are aware of some sensationalist reporting regarding this divert so we would like to point out that our highly-trained crew followed procedure and made a controlled descent before landing safely.
"All customers were flown to Leeds Bradford on a replacement aircraft.
"We would like to apologise to customers who were affected, however their safety and well-being will always be our number one priority.
"Our highly-trained crew followed procedure and made a controlled descent before landing safely."
