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Is there any evidence of this? The article states the couple was compensated for 25% of the value of the luggage, whereas the passenger's bill of rights seems t

Is there any evidence of this? The article states the couple was compensated for 25% of the value of the luggage, whereas the passenger's bill of rights seems to say that the airline is liable for the full value of the lost luggage, up to a limit. Further, the article states that the terms of the compensation made no mention of this being a transfer of ownership to the airline. What's the basis for asserting it was lost baggage compensation?

RegnisGnaw 4y ago
The “delay bag” is only paid if it’s delayed. If it’s lost then it’s not paid and then “lost” is paid.
- anigbrowl 4y ago
  You're not addressing the part about the article stating 25%.
  - RegnisGnaw 4y ago
    A shirt you paid $100 three years ago is not valued at $100 now. They don’t give you $100 for it but value of a comparable one from a second hand store. This is similar to how car insurance or home content insurance works. Most people think the value of something for insurance or compensation is the price they paid, which is wrong. The value is the price currently of a comparable item for sale. If the car you paid $50K for 8 years ago gets stolen, they don't give you $50K for it but instead the price of comparable 8 year old car. Same thing with home insurance. If someone comes in and steals your MacBook Pro which you paid $5000 for 8 years ago, they don't give you $5000. They find out how much a similar MacBook Pro sells for on ebay, etc and give you that.
    - anigbrowl 4y ago
      Again, you are ignoring this part: The article states the couple was compensated for 25% of the value of the luggage, whereas the passenger's bill of rights seems to say that the airline is liable for the full value of the lost luggage, up to a limit. Which was submitted in response to your previous comment that The “delay bag” is only paid if it’s delayed. If it’s lost then it’s not paid and then “lost” is paid. I am not interested in your exposition of how insurance works, which is a distraction from the simpler question of 'lost or delayed'. Out of courtesy, I think you should respond to that other poster's point instead of grinding your axe on mine.
    - dingusdew 4y ago
      [dead]
    - bgirard 4y ago
      Sure, depreciation is a thing. But I'm not sure how they arrive at 25% of the original value as being fair. It's not reasonable to assume that the average MacBook Pro is 8 years old. Paying out 25% of the value is not a fair compensation when they're too lazy to retrieve a tracked bag.
  - dingusdew 4y ago
    [dead]

RegnisGnaw 4y ago

The “delay bag” is only paid if it’s delayed. If it’s lost then it’s not paid and then “lost” is paid.

anigbrowl 4y ago
You're not addressing the part about the article stating 25%.
- RegnisGnaw 4y ago
  A shirt you paid $100 three years ago is not valued at $100 now. They don’t give you $100 for it but value of a comparable one from a second hand store. This is similar to how car insurance or home content insurance works. Most people think the value of something for insurance or compensation is the price they paid, which is wrong. The value is the price currently of a comparable item for sale. If the car you paid $50K for 8 years ago gets stolen, they don't give you $50K for it but instead the price of comparable 8 year old car. Same thing with home insurance. If someone comes in and steals your MacBook Pro which you paid $5000 for 8 years ago, they don't give you $5000. They find out how much a similar MacBook Pro sells for on ebay, etc and give you that.
  - anigbrowl 4y ago
    Again, you are ignoring this part: The article states the couple was compensated for 25% of the value of the luggage, whereas the passenger's bill of rights seems to say that the airline is liable for the full value of the lost luggage, up to a limit. Which was submitted in response to your previous comment that The “delay bag” is only paid if it’s delayed. If it’s lost then it’s not paid and then “lost” is paid. I am not interested in your exposition of how insurance works, which is a distraction from the simpler question of 'lost or delayed'. Out of courtesy, I think you should respond to that other poster's point instead of grinding your axe on mine.
  - dingusdew 4y ago
    [dead]
  - bgirard 4y ago
    Sure, depreciation is a thing. But I'm not sure how they arrive at 25% of the original value as being fair. It's not reasonable to assume that the average MacBook Pro is 8 years old. Paying out 25% of the value is not a fair compensation when they're too lazy to retrieve a tracked bag.
- dingusdew 4y ago
  [dead]