Loss due to volcano clouds

CA Parth Verma (NYU Stern Alumni ) (90 Points)

21 April 2010  


As we all know that airlines were stuck in europe for past 6 days due to volcanic clouds.... and losses of airlines industries crosses almost the monthly GDP amount of United states of America... more than 4 lacs flights were cancalled

Now my doubt is that whether the airline co could file for insurance claim of loss of profit on te ground of natural calamity.... We have to make our suggestions on this which results healthy knowledge sharing and also we could utilize this platform Very well