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Everything you need to know about MU5735 crash compensation

chinadaily.com.cn | Updated: 2022-03-28 17:12
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The Boeing logo is seen in this photo. [Photo/Agencies]

How much airframe compensation is estimated?

The types of aircraft insurance involved in this crash are mainly airframe and aviation liability insurance, which usually includes passenger liability and third party liability insurance.

According to industry estimates, the average price of the Boeing 737 series ranges from 467 million to 676 million yuan ($73 million to $106 million).

Taking into account depreciation at time of the flight, the compensation amount of the coinsurer and its reinsurer alone will reach hundreds of millions of yuan.

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