Air India Crash Triggers ₹475 Cr Insurance Claim

Air India Crash Triggers $47.5 Million Insurance Claim – One of India’s Largest

In what is being termed one of the largest aviation insurance claims in Indian history, a recent Air India flight incident at Ahmedabad airport has led to an estimated $47.5 million insurance payout. The aircraft sustained significant damage during a runway excursion. Fortunately, all passengers and crew members onboard were reported safe, with no fatalities or major injuries.

The claim is classified as a total hull loss, meaning the damage to the aircraft was beyond economical repair. Investigations are ongoing to determine the precise cause, and Air India, along with regulatory authorities, is coordinating with insurance providers and aviation safety bodies.

This event marks a significant moment in Indian aviation, not only for the size of the insurance involved but also for the operational and financial implications that may follow for airlines and insurers alike.

More details are expected as the inquiry progresses.