Latest Aviation Headlines
All the headlines from our Aviation Topic Page, ordered by recency.
XL Group’s Specialty Businesses Launch Luxury Lines Program for Private Clients
Feb 24 2014 // XL Group’s Specialty insurance businesses in North America have teamed up on a new luxury lines to extend their equine, aviation, yacht, fine art, and kidnap, ransom & extortioncoverages to protect high net worth...
What Might Terrorists Do Next?
Feb 24 2014 // The Sept. 11, 2001, terrorist attacks created an atmosphere of anxiety and uncertainty. No one knew how many more large-scale attacks were in the pipeline. Might more Mohammad Attas already be in the country making the...
Storm Dumps More Snow on Northeast After Icing Southeast for 2 Days
Feb 13 2014 // The winter storm that cut electricity to more than half a million customers across the South and grounded 10,000 flights this week turned its power on the U.S. Northeast, bringing heavy snow from Virginia to Maine. In...
Oregon, California Among Top for Lasers Pointed Into Cockpits
Feb 13 2014 // Airline pilots and federal officials are launching a campaign to warn the public about the dangers of pointing lasers into cockpits. Some pilots have been temporarily blinded by the powerful beams of light. According to...
Georgia Lawmakers Eye Regulations for Drones
Feb 5 2014 // Georgia would take the first steps to regulating the use of drones through legislation under consideration in the General Assembly. Rep. Harry Geisinger, R-Roswell, has sponsored a bill that would provide for the lawful...
U.S. FAA Cuts India Aviation Safety Ranking as Standards Not Met
Jan 31 2014 // The U.S. Federal Aviation Administration cut India’s safety ranking for the first time citing a failure to meet requirements, a move that could thwart local carriers’ expansion to the world’s biggest...
North Carolina Lawmakers Weigh Privacy Regulations for Drones
Jan 23 2014 // General Assembly members began learning more Tuesday about the emerging unmanned aircraft industry and are likely to debate soon what restrictions North Carolina could place on drones to protect people’s privacy. A...
Altitude Risk Partners Launches 1st Underwriting Cell on Castel’s MGA Platform
Jan 23 2014 // Castel Underwriting Agencies Limited, a member of the Barbican Insurance Group, announced that Altitude Risk Partners has become the first underwriting cell to utilize its “club-style” MGA platform to create a...
AssuredPartners Acquires InSight Aviation Insurance in Virginia
Jan 15 2014 // AssuredPartners Inc., through its Dawson Companies platform, has completed the acquisition of InSight Aviation Insurance in Richmond, Va. InSight Aviation is an agency that specializes in property/casualty insurance and...
Policing the ‘Dark Side’ of Internet of Things
Jan 13 2014 // The futuristic world of self-driving cars, eyeglasses that e-mail and trash cans that call for pickup is running into the old-fashioned pace of doing business in Washington. Companies from Google Inc. to Bayerische Motoren...
Pim Aviation Insurance Becomes Newest Division of Kansas-Based IMA
Jan 7 2014 // Wichita, Kan.-based retail insurance broker, IMA Inc., announced it has created a new aviation practice in partnership with PIM Aviation Insurance. PIM Aviation Insurance, a division of IMA, will be led by Timothy K....
Norwegian Air CEO to Meet Boeing over Dreamliner Problems
Jan 7 2014 // The Chief Executive of budget airline Norwegian Air Shuttle, Bjoern Kjos, plans to meet Boeing management in the United States next week to discuss problems with its Dreamliner planes, Norwegian media reported on...
U.S. Opens Skies to Test Use of Aerial Drones
Dec 31 2013 // The U.S. government took a step on Monday toward opening the skies to aerial drones, authorizing six sites where unmanned aircraft can be tested for a variety of uses. The Federal Aviation Administration already had...
Terrorism Insurance Extended to Four Airlines
Dec 29 2013 // U.S. government insurance that guarantees airlines are covered against terrorism and war was extended for four carriers, including Virgin America Inc., that otherwise would have lost coverage at the end of the...
U.K. Christmas Exodus Hampered as Storms Lash Railways, Airports
Dec 24 2013 // Storms that lashed southern England yesterday have closed dozens of railway lines, halted ferry sailings and left airports struggling to restore services as millions of Britons attempt to travel before Christmas. Ten U.K....
Buyers Benefit from Soft Market in Airline Renewal Season: Willis Report
Dec 23 2013 // According to the Q4 Issue of Airline Insight, from Willis Group Holdings, “unprecedented levels of competition, growth in exposures and low loss levels are driving premium reductions for insurance buyers during the...
Financial Services Firm Cantor Fitzgerald Announces $135M Sept. 11 Settlement
Dec 18 2013 // Financial services firm Cantor Fitzgerald, which lost nearly two-thirds of its employees in the Sept. 11, 2001 attacks against the U.S., revealed a $135 million settlement with American Airlines and insurance carriers...
AIG to Sell Aircraft Leasing Unit ILFC for $5 Billion
Dec 16 2013 // American International Group Inc. agreed to sell the world’s second-largest aircraft lessor to AerCap Holdings NV for $5 billion after a group of Chinese bidders missed deadlines to purchase the business. AerCap will...
Cantor Fitzgerald, American Airlines Settle 9/11 Lawsuit
Dec 16 2013 // Cantor Fitzgerald has agreed to settle a lawsuit against American Airlines Group Inc and its insurers over business and property losses stemming from the Sept. 11, 2001, attacks on the World Trade Center, in which the Wall...
AIG in Talks to Sell Aircraft Leasing Unit ILFS to AerCap
Dec 13 2013 // Insurer American International Group is in talks to sell its jet-leasing finance business to AerCap Holdings NV, according to reports. Netherlands-based AerCap, the world’s largest independent aircraft lessor, may...
