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Technology Stocks : Discuss Year 2000 Issues

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To: Bill Ounce who wrote (5199)	4/1/1999 11:37:00 AM
From: Bill Ounce	Read Replies (1) of 9818

CNNfn -- Airlines suffer Y2K jitters cnnfn.com [...] "Everyone agrees there is a problem, but the question is whether [airlines are still] insurable," said one London aviation broker [...] Insurance underwriters are less concerned about a catastrophic accident than the commercial losses that could mount up if aircraft are delayed by technology breakdowns. "The chain event is the worrisome bit," said the broker. Aviation insurers reversed a decision earlier this year to exclude Y2K-related losses from airlines' standard insurance policies. "The feeling was that you can't leave the airlines to go bust," said one underwriter. [...]

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