Latest Aviation Headlines
All the headlines from our Aviation Topic Page, ordered by recency.
INSURERS TO PAY $5.9M FOR LOST SOCAL AIRPORT REVENUE:
Feb 21 2005 // Officials with the city of Los Angeles announced that they reached a $5.9 million settlement with their insurers due to the Sept. 11, 2001 terrorist attacks, according to the Associated Press. The Federal Aviation...
Trusted Choice Back on the Tube in March
Feb 17 2005 // Trusted Choice advertising will return to a television set near you next month when a two-week, nationwide ad flight airs, according to Ronald Smith, chairman of the consumer branding program’s Board of...
Report Cites Design and Structural Faults as Cause of Paris Airport Collapse
Feb 16 2005 // Both structural and design faults caused a large section of the newly constructed Terminal 2E at Paris’ Charles de Gaulle airport to collapse last May, killing 4 people and injuring 3. An investigative commission...
AIG Aviation Grows Specialty Workers’ Comp Program; Risks for Fixed Base Operators Covered
Feb 8 2005 // AIG Aviation Inc., a member company of American International Group, Inc. (AIG), is expanding its Specialty Workers’ Compensation offering to cover the risks associated with Fixed Base Operators (FBOs) at private,...
One Dead Hedgehog + One Flock of Seagulls + One Airbus =’s $4.1 Million
Feb 2 2005 // Five insurance companies are set to recover 2.3 million euros ($3 million) from the French government, while Air France will collect 850,000 euros ($1.1 million) as the result of a court ruling in Marseille stemming from...
Aon Expert: Aviators Should Take Second Look at Introduction of the 747
Jan 24 2005 // With the introduction last week of the 555-passenger Airbus A380 aircraft, an Aon aviation expert said the world’s aviation industry must now look to the past to accommodate what may be its future. Wayne Wignes,...
Colo. Airport’s Insurance Jumps after Ebersol Crash
Jan 21 2005 // The crash of a corporate jet that killed the son of NBC Sports Chairman Dick Ebersol and two other people has contributed to a 48 percent increase in Colorado-based Montrose Regional Airport’s liability insurance...
Allianz Marine & Aviation Confirms Plans to Continue “Specialist Strategy”
Dec 9 2004 // Allianz Marine & Aviation, the Allianz Group brand for specialist transportation, shipping and aviation insurance, has confirmed its strategy of focused specialization within selected markets based on strong technical...
S&P Assigns ‘A-‘ Rating to Aviabel Cie.
Nov 24 2004 // Standard & Poor’s Ratings Services announced that it has assigned its “A-” long-term counterparty credit and insurer financial strength ratings to Belgium-based insurer Aviabel Cie. Belge...
Aviation Products Liability
Nov 22 2004 // Nuts & Bolts: Response Aviation Insurance Services has a new program for repair shops. They will also consider engine shops, cylinder shops, propeller shops and non-critical product wholesalers or...
Fadden Joins Allianz Marine & Aviation
Nov 17 2004 // Allianz Marine & Aviation, the specialist insurer for transportation, shipping and aviation risks of the Allianz Group, announced that Tom Fadden has joined the group as airlines underwriter. Fadden, who has over 15...
R&M Adds Marine, Aviation and Transport 2003 Study
Nov 5 2004 // Dublin-based Research and announced the addition of Marine, Aviation and Transport Insurance 2003 to their offering. The report “gives an indispensable overview of the global market in these sectors, containing...
R&M Updates Aviation Market Financing Review
Sep 22 2004 // Dublin-based Research and Markets has announced publication of the 20th edition of the “Airfinance Annual 2003/2004” to their offering. The annual “provides a complete international review of commercial...
Aspen To Develop London-Based Aviation Market
Sep 3 2004 // Bermuda-based Aspen Insurance Holdings Limited announced that it intends to further expand its London market insurance portfolio by recruiting a new team to develop an aviation insurance account from 2005. Aspen Insurance...
European Insurers Consider Certain Terrorist Risk Exclusions for Airlines
Aug 26 2004 // Europe’s leading insurers are reportedly considering several clauses in airline insurance contracts that would exclude coverage for attacks involving chemical, biological and nuclear materials. The effort, headed by...
89 Reported Dead in Two Russian Plane Crashes
Aug 25 2004 // Two airliners operated by Russian companies crashed within minutes of one another late Tuesday night. All 89 persons on board the two jets, which had taken off from Moscow’s Domodedovo airport within 40 minutes of...
AIG Offers Corporate Flight Workers’ Comp Coverage
Aug 24 2004 // AIG Aviation Inc., a member company of American International Group Inc. (AIG), announced that it is now offering Specialty Workers’ Compensation coverage to meet the growing need of employers who place separate...
While Others Flee Dangerous Charley, Crews from MacDill Air Force Base Head Directly for the Storm
Aug 13 2004 // Mother Nature is poised to unleash hurricane-force winds and torrential downpours near Florida’s MacDill Air Force Base in Tampa Bay Friday, Aug. 13 from Hurricane Charley. While most people at MacDill have battened...
Trusted Choice Ads to Return to Airwaves
Jul 29 2004 // Trusted Choice television ads return to the national airwaves next month when the fourth of six advertising flights in 2004 kicks off Aug. 9, according to Trusted Choice Board Chairman Ronald Smith, president of Smith...
Seeking Insurance Coverage, Peru Airline Transfers Ownership to Employees
Jul 22 2004 // Peru’s transportation minister said the country’s largest airline, grounded because of its reputed ties to cocaine trafficking, has transferred ownership to its employees in a bid to obtain an insurance policy...
