WIX Archives

Re: Regulation? Yikes!

Posted by Tim Savage on Sun Jul 07, 2002 05:41:34 PM

In reply top Re: Regulation? Yikes! posted by Karen on Sun Jul 07, 2002 08:52:02 AM

:
:
: In the case of civilian aircraft, that crash today, ho
: w many of them are going to be cut up and sold to the high
: est bidder? Or even rebuilt to flying condition? We live i
: n an age that shows a great deal of respect to those we lo
: se now, but I feel has forgotten how important the sacrifi
: ces of those we lost so long ago truly were.

Actually, the insurance company will sell the wreckage to the highest bidder. Happens all the time. Their interest is in recovering as much of their loss as possible. With historic aircraft they undoubtedly will sell them to the highest bidder and it will likely be restored to flying condition again, even if only a few scraps and the paperwork identity are used. There would be many fewer Mustangs and others flying today if we forbid the insurance companies from trying to recover from their loss. This would of course mean even higher insurance rates for the those of us who operate these aircraft.

In my opinion high insurance rates and the long term availability of fuel are the issues warbird enthusiasts should be the most worked up about. That is what the operators are concerned about. Not where the data plate or their wing tip came from.
: Karen

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