Often wondered why it costs about the same to insure a $500 grand metro in Australia as a twenty million dollar jet in the USA.
I mean?? wouldnt be that the Insurance industries risk assessment people view an aircraft operating in Australia a greater risk than one operated in the USA??...and there I was believing CASA's Bu...sh..t that our safety record is much better than theirs...NA couldnt be, I mean just look at the volume of reg's in Australia compared with the USA...for goodness sake we MUST be safer...aint we??