This may surprise you.
The un-wired Boeing fuselages damaged in the MRL derailment of a BNSF train are valued at $250,000 each per agreement with Boeing. The actual cost to Boeing in delayed production and delivery exceeds that, of course, but Boeing has liability for that. So, don't expect to see BNSF going bankrupt over this.
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Tom,
Especially since it was on the Montana Rail Link RR, and shouldn't affect the BNSF at all. Right?
I think there have been far bigger liabilities that railroads have dealt with.
Tom,
Especially since it was on the Montana Rail Link RR, and shouldn't affect the BNSF at all. Right?
If the train was run on MRL under contract from BNSF, then it might.
Tom,
Especially since it was on the Montana Rail Link RR, and shouldn't affect the BNSF at all. Right?
If the train was run on MRL under contract from BNSF, then it might.
The MRL is just another railroad in that territory. The MRL is NOT part of BNSF.
A quarter million each? Peanuts! A Cessna 172 is twice that, and they crash all the time. The insurers pay and life goes on.
The thing that stunned me is Boeing apparently rolls out 42 of these a month! They will take a hit, but they will survive.
I flew the early 737s - the 100,200, and 300. I loved them all - very nice airplanes! The DC-3 of the jet age.
A quarter million each? Peanuts! A Cessna 172 is twice that, and they crash all the time. The insurers pay and life goes on.
The thing that stunned me is Boeing apparently rolls out 42 of these a month! They will take a hit, but they will survive.
I flew the early 737s - the 100,200, and 300. I loved them all - very nice airplanes! The DC-3 of the jet age.
42 a month?!? Who's buying all of these? Southwest's entire fleet is 737's which saves them time, money, and maintenance hassles. I haven't piloted a plane, but as a passenger, I really like the 737's (and fly Southwest whenever I can).
Most large insurance carriers are (no blood or injuries, we can handle it) IMO. Automobile insurance somewhat the same. I always did an umbrella policy on top of standard liability that bounced numbers well beyond 1 million. As you can see it doesn't take much to acquire a million dollars in damage. Big numbers are related to injury and death. IMO. The Lac-Megantic tragedy was/is huge.
RickO's picture above.
Tom,
Especially since it was on the Montana Rail Link RR, and shouldn't affect the BNSF at all. Right?
If the train was run on MRL under contract from BNSF, then it might.
It was a BNSF train, and BNSF is liable.
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