What else is new?
Will insurance help with the financial liability at all?
Sorry if it’s a stupid or insensitive question. Just thinking that airlines, like any business, have insurance on their business assets. But not sure if the missing plane is officially considered destroyed and an insurable loss. Also, it occurs to me that an act of war or terror, in the missile shoot down, may somehow be excluded from insurance coverage.
Has there ever been another case where an Airline lost 2 planeloads of passengers within months?
If I had a ticket for a flight with them I would cancel it for sure. Even if it meant going overland or over sea to another location and flying from there.
I feel bad for this company, they must really be asking: why us, Lord?
Excellent buying opportunity along here somewhere. They’ll either: a) survive and recover, maybe via bailout, or b) be bought up by somebody else.