Risk of losses arising from aircraft accidents and aircraft loss
First written in FY2020. 1 of 2 entries say "Restated". Latest entry: FY2024.
1 other company's latest entry also says "Restated".
- FY2024RestatedAnnual report
「With respect to aircraft operations, we work to ensure safe operations by reliably carrying out aircraft inspections and maintenance in accordance with applicable laws and regulations. However, if a serious aircraft accident or other event resulting in the loss of or damage to an aircraft occurs and the resulting losses cannot be adequately covered by insurance, it could affect our group's results.」
The company continues to disclose the risks of accidents, aircraft loss or damage and insufficient insurance coverage associated with aviation businesses such as private jets. - FY2020First statedAnnual report
「With respect to aircraft operations, we work to ensure safe operations by reliably carrying out aircraft inspections and maintenance in accordance with applicable laws and regulations. However, if a serious aircraft accident or other event resulting in the loss of or damage to an aircraft occurs and the resulting losses cannot be adequately covered by insurance, it could affect our group's results.」
Following the conversion of 北日本航空 into a consolidated subsidiary, the company disclosed for the first time the risks of aircraft accidents, aircraft loss or damage and losses not covered by insurance.