Quote Originally Posted by A Quiet Monkfish View Post
The crash certainly has relevance to the owner[s] though. There is £500k worth of plane at the bottom of the ocean and sooner or later someone will put an insurance claim in. If the pilot wasn't qualified to fly the plane in those circumstances then yet another can of worms is opened. If I allow someone without a licence to drive my car and they write it off, I am not insured...
That Malibu when in good condition was possibly worth about £250k... my opinion having seen the actual aircraft a few months before the accident would have been the owners would have struggled to get £175k for it.
It was a 'tired looking aircraft'