The subsidiary of Lufthansa could be facing claims in the multi-million dollar range, well above the usual cap. Germanwings, the subsidiary of Lufthansa that saw one of its jets fly into a mountain in the Alps, could be facing larger airline liability insurance claims than are typical in this type of scenario, according to some lawyers in the aviation industry. Whether or not a cap will remain in place will greatly depend on whether the airline is seen as negligent. According to prosecutors in the case, the young co-pilot from…
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Insurance news suggests upcoming struggle for Malaysia Airlines
Still reeling from the tragedy in March 2014, it is now facing new claims from the devastating crash in Ukraine. As Malaysia Airlines faces yet another heartbreaking catastrophe as one of its jetliners was shot down in Ukraine, insurance news headlines are now suggesting that this latest disaster could bring about compensation claims that could total hundreds of millions of dollars. It is also likely that the struggle faced by the carrier will extend beyond the cost of compensation. It looks as though the crash of flight MH17 will make…
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