Avid, what a load of crap:
Eg. OJH insured at $100M when it pranged and repaired at a cost of ~$150M - a result of dodgy finanicial control (notwithstanding hull-loss implications).
Given how inaccurate this statement is I'm not sure we can trust much else of what you say. The aircraft was insured for well north of $100mill. The aircraft was repaired for less than $100 mill- just over $90mill.
