TOKYO- On Monday, a runway at Tokyo’s Haneda Airport (HND), which had been closed since a fatal collision between a Japan Airlines (JL) plane and a Japan Coast Guard aircraft, was reopened.
The closure of Runway C, one of the airport’s four runways, occurred after the collision on January 2, resulting in the cancellation of over 1,200 flights and affecting more than 200,000 passengers during the New Year’s holidays.
Tokyo Haneda Reopens Runway
The reopening followed the removal of the wreckage of the passenger jet and the completion of necessary repairs.
The collision on Tuesday evening led to the temporary closure of all four runways at Haneda Airport, a crucial gateway for overseas travelers accessible to central Tokyo.
However, the three other runways were reopened later that night.
Japan Airlines Crash Loss
On Thursday (January 4, 2023), Japan Airlines (JL) projected that the crash involving its flight JL516 with a Japan Coast Guard aircraft on Tuesday would lead to an estimated operating loss of approximately 15 billion yen ($104.81 million).
The company assured that the insurance would cover the loss of the aircraft and mentioned ongoing assessments to determine the impact on its earnings forecast for the financial year ending March 31.
According to sources within the insurance industry, U.S. insurer AIG held the primary position on a $130 million “all-risks” policy covering the two-year-old JAL Airbus A350 widebody jet, which was destroyed in a fire following a collision at Tokyo’s Haneda airport.
This incident marked the first-ever hull loss globally for the A350 model, as reported by the Aviation Safety Network. The A350, primarily constructed from carbon composite, entered commercial service in 2015.
Despite the severity of the crash, JAL’s shares showed a modest 0.5% rise as trading resumed after the New Year’s holiday. Initially, there was a decline of up to 2.4%, but the shares recovered from that initial drop.
Overnight, close to 200 passengers found themselves stranded at New Chitose Airport near the northern Japanese city of Sapporo. This situation arose because flights were delayed, causing late arrivals, as explained by a spokesperson from the airport operator, Hokkaido Airports, on Thursday.
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