Unlikely

What if insurance do not cover 'negligence'?

I suppose policy will specify details t&c
Anyway, lets wait for further info

MAS now also tries to front sells optional travel insurance when passengers buy tickets online.
They didn't have this before.

Ya, the "tick" is by default, unless untick it.

I previously also surprised why the final figure so much different from the initial page of ticket pricing showed, only found out, there is a travel insurance option being "ticked".

The fine print says no compensation if plane gets hijacked. A loophole for the insurance company to protect themselves?

This post has been edited by danmooncake: Mar 25 2014, 12:26 PM

It is a norm actually.

Travel insurance primary intention is to cover those like loss of travel document, belonging, miss flight that result in loss in financially, some medical fee etc.

Just like suicide doesn't get compensation in life insurance if policy is less than a year old. While life insurance in overseas in some countries as far as I knew, life insurance does not even cover suicide, disregards how old the insurance has run, correct me if I am wrong.

http://www.thestar.com.my/News/Nation/2014...ane-MAS-liable/

If this really happens, what will MAS's fate be? Bankrupt? Gov continue to bail MAS?

Won't bankrupt 1 la. You're EPF will be the savior

Haha.. Then we all bankrupt lo.

Insurance will cover most of the costs. Anyway, US$40million (RM130million) is no big deal as MAS has 16,710,781,200 shares, so just do a rights issue at say RM0.20 per share in a 1:1 issue will generate a huge RM3,340 million cash.

Khazanah will privatize Mas

Gud idea

Sorry noob question. Will ppl still buy the share? What would be a beneficial scenario for investors?

1. How low can MAS share go down before reach PN4 or PN17?
2. If MAS shares reach PN4 or PN17, would all stock trading be suspended? What will happen to existing share owners?

already short this stock

Yes if MAS price then is above RM0.20 as still profitable to pay RM0.20 to get MAS shares above RM0.20.

you mean short sell? is this allowed here?

What happen when MAS stock drop to 15 cent? Or drop to 5 cent?

Those who hold MAS shares will be crying all the way to the banks ! But it's still business as usual for MAS.

This post has been edited by topearn: Mar 26 2014, 11:04 AM