Destruction of GA – huge indemnity insurance
It appears that airports like Perth and Darwin are now asking for staggering higher cover for indemnity insurance for private aircraft.
In Perth, an aircraft must be insured for $50 million, and at Darwin it is $30 million. As most aircraft have a $20 million indemnity policy, this results in quite substantial extra costs for owners who wish to take their aircraft to these airports.
Does anyone have any information on this?