Arrest after vehicle damages three planes at Englefield airfield

[mhm]

A man has been arrested after three light aircraft were vandalised at an airfield near Reading.

Thames Valley Police said it appeared a vehicle was driven into the Cessna single engine planes in Englefield.

The three planes have been written of as a result of the damage, estimated by the owners at up to £700,000.

A Jeep Grand Cherokee was discovered set alight nearby, in Bath Road. A 29-year-old man has been arrested in connection with the incident.
http://www.bbc.co.uk/news/uk-england-berkshire-24450897

[Anmer]

Not sure how they arrived at a valuation of £700,000?  Looks like one nought too many?