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International

Japan Airlines says insurance will cover plane collision, fire

January 04, 2024 Reprints

Japan Airlines Co., Ltd. said the $100 million loss it expects from the collision of one of its planes at Haneda Airport in Tokyo on Jan. 2 to be covered by insurance, XM reported citing Reuters. American International Group, Inc. is the lead insurer on a $130 million ‘all-risks’ policy for the two-year-old plane that was destroyed by the fire after it hit a Coast Guard plane on the runway.

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Japan Airlines says insurance will cover plane collision, fire

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