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Old 3rd Feb 2005, 18:57
  #37 (permalink)  
smith
 
Join Date: Nov 2004
Location: uk
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Bealzebub

Saw a documentary once and there is an insurance risk involved in all flight safety.i.e. If a safety issue comes up and the cost to the airline to implement it is higher than the increased insurance premium by not having it, the airline will go with the cheapest option ie the increased insurance premium.

If FR can satisfy the authorities they are flying within the rules then they will carry on, if an accident happens the insurance will pick up the tab.

I'm not a supporter of FR or MOL in anyway but kinda got thinking when their quarterly results were announced a few days ago of approx £26m, I wonder how much this would have been if they had funded all the type raitings they required.

Just thoughts, not trying to be controversial!!!
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