Characters in Flight Closed?

ExtinctJenn

Well-Known Member
Read that another balloon from the same manufacturer at Philly Zoo has shut down as well.
Yeah it seems like every other location with an Aerophile balloon is being shut down. Makes me think they already know the "issue" that caused it and determined it to be a production defect or something. I'm terrified of heights (unless I'm strapped in) so I've never done this and now I'm kind of glad I didn't. This is another one of those examples where sometimes buying an "off the shelf" ride can bite you in the rear end.
 

TheDisneyMagic

Well-Known Member
If they are shutting down all of their sites during this investigation how will the survive, would insurance cover something like this?
 

ExtinctJenn

Well-Known Member
If they are shutting down all of their sites during this investigation how will the survive, would insurance cover something like this?
All the articles I'm reading almost imply that they may not reopen ever. I'm sure insurance would cover damage (either to the ride or bodily injury) but I doubt it covers the loss of income from not running the attraction. It could... I'm sure Disney would have the best insurance possible... but who knows!
 

bgraham34

Well-Known Member
All the articles I'm reading almost imply that they may not reopen ever. I'm sure insurance would cover damage (either to the ride or bodily injury) but I doubt it covers the loss of income from not running the attraction. It could... I'm sure Disney would have the best insurance possible... but who knows!

Disney probably has an insurance policy that covers loss of income for things like that. You would be amazed at what you can get insurance for.
 

Polydweller

Well-Known Member
I'm glad Disney put safety before profit. But I hope it reopens before my trip in August, as I was hoping to experience it for the first time!
It wasn't a Disney decision. Aerophile is a separate company and it was their decision, forced really by circumstances. Given the accident any company would have done this.
 

Polydweller

Well-Known Member
Disney probably has an insurance policy that covers loss of income for things like that. You would be amazed at what you can get insurance for.
Disney doesn't operate it, at this point no loss of income. Aerophile has to continue to pay if they wish to return the balloon after inspection. If Aerophile goes bankrupt because of this then bankruptcy claims will handle any remaining obligations in the contract at which point Disney would just look for a new tenant for the site.

Just because it's at Disney doesn't mean it is Disney.
 

ExtinctJenn

Well-Known Member
Disney doesn't operate it, at this point no loss of income. Aerophile has to continue to pay if they wish to return the balloon after inspection. If Aerophile goes bankrupt because of this then bankruptcy claims will handle any remaining obligations in the contract at which point Disney would just look for a new tenant for the site.

Just because it's at Disney doesn't mean it is Disney.
While Aerophile is who made and operates it, I would think there has to be some benefit to Disney having it on their property (i.e. income from it). I'd bet that a certain percentage of each admission fee goes right to Disney.
 

Polydweller

Well-Known Member
While Aerophile is who made and operates it, I would think there has to be some benefit to Disney having it on their property (i.e. income from it). I'd bet that a certain percentage of each admission fee goes right to Disney.
Think of Disney as a mall owner. Mall owners lease retail space. Percentage admissions is a poor business model for the mall owner since the mall owner's income would vary with the sales of the tenants. With space leasing the mall owner's income is constant and known. The mall owner only worries about operating the mall, getting new tenants etc. It's up to the tenants to keep up sales to meet the lease terms. The lease payments are how Disney makes money.
 

bgraham34

Well-Known Member
Disney doesn't operate it, at this point no loss of income. Aerophile has to continue to pay if they wish to return the balloon after inspection. If Aerophile goes bankrupt because of this then bankruptcy claims will handle any remaining obligations in the contract at which point Disney would just look for a new tenant for the site.

Just because it's at Disney doesn't mean it is Disney.

All I am saying is that Disney may have an insurance policy out to cover loss of income for this. Its called
business interruption insurance.
 

Kamikaze

Well-Known Member
All the articles I'm reading almost imply that they may not reopen ever. I'm sure insurance would cover damage (either to the ride or bodily injury) but I doubt it covers the loss of income from not running the attraction. It could... I'm sure Disney would have the best insurance possible... but who knows!

I'm sure they have some sort of 'loss of income' insurance. How long it lasts, who knows?
 

gamedude

Member
I actually loved going up on the flight with my dad. It gave a cool persepctive from the sky on a clear day. I hope it isn't gone forever.
 

Allie_Marie

Active Member
I never tried it because of the price, to be honest. I couldn't personally fathom how a six minute ride would be worth almost $20. But again, that's just my opinion. I didn't feel that the balloon was a bad attraction or "add" to Downtown Disney - I just personally agreed with the statement about not liking to be able to see it from different areas of the resort.

The views were/are gorgeous. It's just 6 minutes, $20 I can buy something better for that.
 

Master Gracey

Well-Known Member
Is it closed? cause I still see it inflated at the webcam: http://www.orlando-webcams.com/
or is it an old pic?

Must be an old picture because it is GONE!
DSCN5713.JPG
 

Mem11

Active Member
All I am saying is that Disney may have an insurance policy out to cover loss of income for this. Its called business interruption insurance.
I'm sure they have some sort of 'loss of income' insurance. How long it lasts, who knows?

Yes, you're probably both correct, but in order for them to collect there must have been a "Covered Cause Of Loss". I can tell you from my experience in insurance that mechanical failure or shutting down a business because you think something might fail would not be a covered cause of loss on a business interruption policy.
 

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