Originally Posted by
gileraguy
The damage was such that the aircraft was a write-off, but to preserve its reputation Qantas had it repaired at a cost of
$100 million.By returning the aircraft to service, Qantas was able to retain its record of having no
hull-loss accidents since the advent of the
Jet Age
Oh FFS. This has been debunked so many times over the years it’s not funny.
OJH was repaired for a cost less than $100 million. It was insured for the replacement cost which was at the time well in excess of $140 million. In addition, at the time Boeing had a log jam of backorders for the 744 at the time meaning Qantas had the lost capacity back online well before they would have had they’d waited for the next available slot off the production line.
Source: the engineer that actually oversaw the repair job and is still sought after world wide for similar repair jobs on big airliners including one on a 747 in Maastricht as recently as a month or so ago.