Thread: Airports closed as volcanic ash drifts toward UK
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Old 22-04-2010, 20:49   #269
gazzae
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Re: Airports closed as volcanic ash drifts toward UK
Quote:
Originally Posted by Flyboy View Post
Which is the risk all businesses take when they factor their cost/price modeling. If they have saved a few quid without buying insurance, then that is their problem. It is the risk every business has to accept.
Yes, but incase you haven't noticed insurance has this habit of increasing when you claim on it.
I work for a large manufacturing company. We ensure that our processes are as safe as possible and this cuts down on any claims against us, keeping the premiums low and our costs down. How can an airline keep premiums low and costs if they are forced to claim huge amounts for factors totally outside their control?
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