Originally Posted by flyupfront

I saw the photos of the 763 at LAX that was badly damaged during maintenance due to engine fire. Many reports indicate that the aircraft will have to be written off (at least Kramer knows about write-offs).

Any way, curious to know what kind of costs airlines pay to insure aircraft that cost upwards of $200million (newer birds). And I'm not even talking about the liability side of insurance--just physical damage...

Gotta be a lotta cash!