Pilots Pursue Mobil for Business Losses.
Published:
19 January 2000 y., Wednesday
The Aircraft Owners and Pilots Association of Australia (AOPAA) said on Monday interim compensation for business losses due to the aviation fuel contamination crisis could cost Mobil Oil Australia Ltd. around A$1.2 million (US$792,000) a day.
AOPAA general manager Mike Hart said a meeting would be held with Mobil, a unit of Exxon Mobil Corp. (NYSE:XOM - news), on Friday to try and reach agreement on business assistance packages.
Around 5,000 light aircraft remained grounded on Monday by the contaminated fuel, with a test for the contaminant not expected to be finalized until the middle of this week.
The association has estimated the cost to the economy from the contamination problem at A$50 million a month. Mobil has only agreed to pay the cost of replacing fuel and checking and cleaning aircraft fuel systems to meet Civil Aviation Safety Authority requirements.
Sydney legal firm Ferrier & Associates is collecting information to launch a representative action against Mobil for business losses. Lawyer Spencer Ferrier is also treasurer of AOPAA. The Australian Airports Association said last Friday it was seeking advice on whether airports had justifiable legal claims against Mobil for losses suffered due to the crisis.
Copying, publishing, announcing any information from the News.lt portal without written permission of News.lt editorial office is prohibited.
The most popular articles
The EU needs a strategy by 2011 to encourage the creation of green jobs, says a draft resolution by the Employment and Social Affairs Committee that was adopted on Wednesday.
more »
Householders should not have to go without gas due to a gas-supply crisis, and such crises should be better managed, thanks to EU-wide co-ordination procedures and interconnection requirements laid down in draft legislation agreed informally with the Council at the end of June and approved by the Industry Committee on Tuesday.
more »
Today the Council has taken the formal decision which will pave the way for the introduction of the euro in Estonia as of 1 January 2011 and will become the 17th European Union country to share the euro currency.
more »
Proposals to improve protection for bank account holders and retail investors, and set up similar schemes for insurance policies.
more »
How should the EU's farm policy be reshaped and how should it be funded after 2013?
more »
MEPs on Wednesday approved some of the strictest rules in the world on bankers' bonuses.
more »
Long before the financial crisis the European Parliament regularly pointed out the significant failures in the EU’s supervision of ever more integrated financial markets.
more »
New strategy for stimulating tourism in Europe – to realise the full potential of an industry that already plays an important role in the economy.
more »
The European Commission has disclosed who in 2009 received EU funds in policy areas like research, education and culture, energy and transport or external aid.
more »
The European Commission has approved 19 programmes in 14 Member States (Austria, Belgium, Czech Republic, Denmark, Germany, France, Greece, Italy, Ireland, the Netherlands, Poland, Slovenia, Spain and the United Kingdom) to provide information on and to promote agricultural products in the European Union.
more »