Originally Posted by
Pilot DAR
Though I doubt we will hear, were there to be an insurance payout on the airplane, I would be fascinated to hear the basis for finding it to be an insurable loss.
Look at it this way, in order for red bull to get insurance on those aircraft under an Experimental Exhibition Airworthiness Certficate (key part) they would be required to present the AWC with approved Operating Limitations along with a copy of their approved flight itinerary to the insurance provider before the intended flight. If the insurance provider issued an EE policy at that time based on the submitted documents then any subsequent claim would be required to be paid. If red bull lied about their intended flight then the next news item we hear will be red bull indicted for insurance fraud. Its how the system works. 100s of aircraft fly under EE policies for some very unique flights with no issues. IMHO, I bet red bull has a very unique self-insurance program that covers all their stunts in all avenues of transportation.