Insight and Intelligence on the Global Facultative Markets

19 May 2012

$145mn UPS crash could turn aviation market

10 September 2010

The loss of the UPS cargo Flight 6 on 3 September in Dubai could be the event that finally turns the aviation market, a leading aviation underwriter has told Inside FAC.

The crash, which killed the two pilots, happened shortly after take-off near Dubai International Airport as the Boeing 747-400 was flying en route to Cologne in Germany. It is likely to be the costliest aviation crash of the year to date.

Although the number of fatalities was small compared...

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