Originally Posted by
guv1976
From the U.S. DOT:
"When the damage to the bag cannot be repaired, airlines will negotiate a compensation amount based on the value of the bag and its depreciation."
I think that you can probably find various depreciation schedules for luggage.
Interesting - learned something today!
I did see various data points on depreciation after reading your post and searching, although they are quite disparate. I wonder how they calculate depreciation. Unlike a vehicle (that has age + mileage) or IT equipment (age which implies relevancy), a suitcase can have wildly different depreciation curves based on age, use and whether it is checked in or not. I guess, in the case of expensive luggage, you go get it repaired and therefore there is a tangible cost that can be attributed to the damage?