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106.4.7.14:12.38
By Rafel Solamis TRI-HQ (TRI-FP) - As a result of a long-delayed expense review program, TRI announced today that it will shortly cease operating the pilot insurance program that has been part of TRI since the second recruiting era. Sagrith Hubri, speaking for the TRI Economic Affairs Office, made the announcement on behalf of TRI: "The factional governments are themselves assuming responsibility for this long-running program. While this is a major reduction of TRI's vital role supporting the Reconstruction, the financial burden of insurance produced a huge portion of TRI's historical cost overruns. It is hoped the governments will find the costs more bearable when they are responsible only for supporting their own pilots." "The cost of insuring pilots will no doubt remain significant, but now there will be accountability to show that Solrain funding is no longer being used to cover the terrible safety records of, for example, trigger-happy Octavian pilots," Solrain STCC member and magnate Arbin Mallow responded. Updates to how the pilot cadre will be affected by the new insurance system are expected from TRI and the individual governments in the very near term. This change to flight insurance programs is expected to dramatically improve TRI's corporate bottom line, and a formal motion to list TRI as a corporate stock on the Sorian Exchange has been placed before the STCC for action later this year. Link To Original Article |
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