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You are setting up a corporate flight department for an oil exploration company that will be...

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General Management

You are setting up a corporate flight department for an oilexploration company that will be operating its business jetsglobally to transport executives, employees, guests, and customersat the company's expense in support of its work. The company ispurchasing 3 new business jets, using secured financing from GlobalBank Corp. The company's initial areas of operation will focus onNorth Africa, the Middle East, and Indonesia.

Describe in detail the aircraft insurance you will purchase forthe operation, explaining your reasoning clearly.

Answer & Explanation Solved by verified expert
3.8 Ratings (501 Votes)
Industrial Aid insurance would be adequate to cover these operationsThis type of insurance would cover everything covered by pleasure and business insurance Pleasure and Business insurance covers pleasure flying    See Answer
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