Originally Posted by
Cpt. Underpants
Nope. USD2 billion per aircraft, per event. Underwritten by Lloyd's.
Insurance only pays compensatory damages, the lawyers always go for punitive damages, the uninsurable huge awards paid directly out of the airline coffers in the first world and well beyond what is typically covered by Lloyd’s. CX keeps a dossier on every pilots T&C hiccup and has memorialized our incompetence well for any potential forthcoming litigation with TPMS and ERAS. Awe, corporate naïveté and arrogance, what a great combination, just like a doctor in a Cirrus.