SINGAPORE Airlines (SIA) expects its insurer to bear “most, if not all” of the expenses including compensation arising from the flight that hit severe turbulence which left one passenger dead and dozens injured.
Chief executive Goh Choon Phong said this in response to a shareholder who asked at SIA’s annual general meeting on Monday (Jul 29) about the carrier’s financial exposure to the incident.
“You are correct that we are insured and we expect that most, if not all, the SQ321-related expenses including compensation will be borne by the insurer,” said Goh, who did not give a figure for the expenses nor name the insurer.
