You are setting up a corporate flight department for an oilexploration company that will be operating its business jetsglobally to transport executives, employees, guests, and customersat the company's expense in support of its work. The company ispurchasing 3 new business jets, using secured financing from GlobalBank Corp. The company's initial areas of operation will focus onNorth Africa, the Middle East, and Indonesia.
Describe in detail the aircraft insurance you will purchase forthe operation, explaining your reasoning clearly.
