Damaged ATC plane insured for US$ 2.5m

From The Guardian, Dar es Salaam
By The Guardian Reporter

The damaged Air Tanzania Company Limited (ATCL) B737-200 aircraft which recently crash landed at the Mwanza airport was insured for US$ 2.5.

A reliable source with insight into ATCL has told the travel news website ETN the damaged plane was being written off and the insurance company was going to pay the lessors full compensation for the loss of the aircraft.

The value of the insurance is about US$2.5 million, the website says, adding that arrangements were being put into place to secure a replacement aircraft within a few week before the place crash landed at Mwanza airport.

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