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Hull loss

Index Hull loss

A hull loss is an aviation accident that damages the aircraft beyond economical repair, resulting in a write-off. [1]

10 relations: Airline, Aviation accidents and incidents, Depreciation, Jet aircraft, List of accidents and incidents involving commercial aircraft, Marine insurance, Marine salvage, September 11 attacks, Total loss, Write-off.

Airline

An airline is a company that provides air transport services for traveling passengers and freight.

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Aviation accidents and incidents

An aviation accident is defined by the Convention on International Civil Aviation Annex 13 as an occurrence associated with the operation of an aircraft, which takes place between the time any person boards the aircraft with the intention of flight until all such persons have disembarked, where a person is fatally or seriously injured, the aircraft sustains damage or structural failure or the aircraft is missing or is completely inaccessible.

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Depreciation

In accountancy, depreciation refers to two aspects of the same concept.

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Jet aircraft

A jet aircraft (or simply jet) is an aircraft (nearly always a fixed-wing aircraft) propelled by jet engines (jet propulsion).

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List of accidents and incidents involving commercial aircraft

This article is a list of accidents and incidents involving commercial aircraft and is grouped by the years in which the accidents and incidents occurred.

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Marine insurance

Marine insurance covers the loss or damage of ships, cargo, terminals, and any transport or cargo by which the property is transferred, acquired, or held between the points of origin and the final destination.

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Marine salvage

Marine salvage is the process of recovering a ship and its cargo after a shipwreck or other maritime casualty.

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September 11 attacks

The September 11, 2001 attacks (also referred to as 9/11) were a series of four coordinated terrorist attacks by the Islamic terrorist group al-Qaeda against the United States on the morning of Tuesday, September 11, 2001.

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Total loss

In insurance claims, a total loss or write-off is a situation where the lost value, repair cost or salvage cost of a damaged property exceeds its insured value.

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Write-off

A write-off is a reduction of the recognized value of something.

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Redirects here:

Hull-loss, Hull-loss Accidents, Hull-loss accidents.

References

[1] https://en.wikipedia.org/wiki/Hull_loss

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