Caribbean Airlines (CAL) says the cost of repairing its aircraft which was damaged last week at Piarco International Airport in Trinidad will be covered by insurance.
The cost is still being assessed.
The plane was being operated by a licensed aircraft engineer.
Preliminary reports indicate that soon after the aircraft began to taxi about 11:15 pm, the engineer noticed that the hydraulic system was not activated.
The front section of the aircraft's fuselage hit the wall of the terminal building.
The aircraft was not in active service and there were no passengers or crew on board.
An investigation was immediately initiated by Caribbean Airlines and the Trinidad and Tobago Civil Aviation Authority to determine the root cause and to avoid recurrence.
The aircraft has since been withdrawn from service.