The Bhoja Air plane which crashed on 20 April in a residential area near Islamabad could cost aviation underwriters in the region of $20mn-$60mn, but is unlikely to be a market changing event according to initial assessments, Inside FAC understands.
The Bhoja Air plane, flight BHO-213, was flying from Karachi to Islamabad when it crashed in bad weather near Chaklala, Rawalpindi.
The plane, a Boeing 737, was understood to be carrying 118 passengers and nine crew, with no reports of...
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