PPRuNe Forums - View Single Post - Airlines to be Grounded Over Changes in Insurance Rules?
Old 21st Sep 2001, 10:58
  #31 (permalink)  
radeng
 
Join Date: May 2001
Location: south of Cirencester, north of Lyneham
Age: 77
Posts: 1,267
Received 37 Likes on 17 Posts
Post

Could someone explain, please? If the insurers refuse to insure and require airlines who don't like it to go elsewhere, then the airlines won't be paying them premiums, right? So how long will the insurers be in business then?

Or have they got so much income from elsewhere they can afford to shut down a major part of their business?

Where's my reasoning gone wrong?
radeng is offline