Hugh Dunleavy, Malaysia Airlines director told the New Zealand Herald a formal announcement of the loss of MH370 would likely take place at the end of the year. This statement has been loaded with criticism by the Families of the passengers and crew.
Understandably, Voice370 said the families of MH370 passengers were not only shocked over Dunleavy’s media statement but confused as well. They have also stated “Such a unilateral declaration brings intense agony and confusion to family members and makes us lose faith in the search effort,”
Those who have read my book know I am not influenced by political agendas. – Although, in this case, MAS Director Dunleavey is quite literally, right on the money.
I am a licensed insurance adjuster and federal contracting officer I hope to clear the confusion for the families of the passengers and crew of MH370.
Aviation Insurance policies are very specific about the processes for indemnifying and compensating the families of aircraft accidents. The most important of these processes include the need for there to be an aircraft accident in order to pay. In addition, the allocation of funds in all of the involved countries are separated into different Buckets. (Budgets).
Search and Rescue money buckets are separate from Search and Recovery money buckets. Both of the search buckets have a financial firewall separating them form the accident investigation buckets. The need to separate these buckets are not born of bean counting or political quibbling. It is responsible governance. Without this type of fiscal separation the stability of governmental taxation and fiscal enterprise would be at risk.
Australia and to some extent Malaysia adhere to an adaptation of the Westminster system which is a democratic parliamentary system. It is modeled after the politics of the UK.
The crux of the however is not in the government budget system. Nor is it entirely because the insurance company has to have an accident before they can pay a compensatory claim. The problem is much simpler than that. It is simply the fact the International Civil Aviation Organization Annex 13 definition of the word “accident” includes;
“c) the aircraft is missing or is completely inaccessible.”
Non of the other countries including the United States, Malaysia Nor the UK include this statement. Perhaps it too was missing or completely inaccessible to them.
Therefore, it is absolutely imperative for Director Dunleavy to work with closely with Malaysian and Australian governments to determine compensation details and make it formally an accident. This action will free budgets for not only compensation but will also allow governments to release additional funding for the search properly classified as an accident investigation – not because there is conclusive evidence of a crash but simply because;
“c) the aircraft is missing or is completely inaccessible.”
I hope this will shed some light on the statement by Mr. Dunleavey,
Sincerely,
Inspector Soucie
@david_soucie
