Latest Aviation Headlines
All the headlines from our Aviation Topic Page, ordered by recency.
Volcanic Ash Closes Irish, UK Airports; Summer Chaos Feared
May 4 2010 // Airports in Ireland and parts of Britain were closed again for some hours on Tuesday because of the cloud of volcanic ash drifting south from Iceland that wreaked havoc on European air travel last month. Flights in much of...
EU Says Volcanic Ash Cost $2 to $3.3 Billion; Plans Airline Aid
Apr 28 2010 // Last week’s volcanic ash cloud cost European Union airlines €1.5 to €2.5 billion ($1.98 to $3.3 billion), the European Union executive said as it proposed a series of actions to help the cash-strapped...
Aon Report Concludes Aerospace Insurance Costs Continue to Decrease
Apr 27 2010 // Accoring to Aon’s Aerospace Insurance Markets Outlook 2010 report, “the price of insurance for the aerospace industry looks set to continue to decline in 2010, for the fourth year in a row. After 2009’s...
Why Economic, Market Risks of Ash Cloud Are Hard to Measure
Apr 21 2010 // Policymakers and markets trying to react to the volcanic gas cloud paralyzing air travel in Europe face a host of variables, unknowns and hard-to-measure risks that make modelling almost impossible. No one can accurately...
Flights Pick Up in Europe As Ash Risk Is Lowered
Apr 21 2010 // European airports started to return to life on Tuesday after five days cut off from the rest of the world by a volcanic ash cloud, but some countries were more cautious after reports a new cloud might be on its way. The...
Property, Agricultural Damage Not Major Concern from Volcanic Ash
Apr 20 2010 // While some of the ash from the Eyjafjallajökull volcano in southern Iceland has fallen to the earth’s surface, property and agricultural damage is not expected to be a concern, according to a catastrophe risk...
Flights Resume in Parts of Europe
Apr 20 2010 // Flights from large parts of Europe are set to resume on Tuesday under a deal agreed by the European Union to free up airspace closed by a cloud of ash hurled into the sky by an Icelandic volcano. However, with the cloud...
European Trade Chief Warns On Volcanic Ash Economic Impact
Apr 19 2010 // The European Union’s economy will face serious consequences if a volcanic ash cloud that has disrupted flights across the continent continues for a long time, its trade chief said on Monday. “If this were to...
If Ash Cloud Lingers, Economic Impact Could Rise Sharply
Apr 19 2010 // The economic impact of the volcanic cloud halting flights across Europe will increase sharply the longer disruption continues, forcing holiday cancellations, delaying deliveries and reducing jet fuel demand. African...
European Insurers Expect Little Hit from Volcano Fallout
Apr 16 2010 // Airlines which stand to lose millions of euros from a cloud of Icelandic volcanic ash disrupting flights and closing airports across northern Europe are expected to have little recourse to recoup losses from insurance...
Icelandic Volcano Eruption Intensifies; Airline Travel No-Go
Apr 15 2010 // A volcanic eruption in Iceland, which has thrown up a 6-km (3.7 mile) high plume of ash and disrupted air traffic across northern Europe, has grown more intense, an expert said on Thursday. The eruption under the...
Why Is Volcanic Ash a Threat to Planes?
Apr 15 2010 // A cloud of volcanic ash drifting eastward from Iceland has halted flights across northern Europe, causing widespread disruption. Below are some questions and answers on the aviation risk. What is volcanic ash? Plumes of...
AIG Aircraft Leasing Unit Raises $2 Billion with Sale of Jets
Apr 14 2010 // The aircraft leasing unit of bailed-out insurer American International Group has agreed to sell 53 passenger jets to Australia’s Macquarie Group to raise a much-needed $2 billion in cash. International Lease Finance...
Starr Aviation Acquires International Aerospace Insurance of California
Apr 12 2010 // Starr Aviation Agency, Inc. a subsidiary of C.V. Starr & Co. Inc., has acquired International Aerospace Insurance Services Inc. of Santa Barbara, Calif. The acquisition of Inter-Aero expands Starr Aviation’s...
Relatives of Air France Crash Victims Sue in U.S.
Mar 30 2010 // Relatives of passengers killed in an Air France crash off Brazil have filed nearly two dozen wrongful death lawsuits in Miami against Airbus, alleging that aircraft maker’s A330 crashed because of flaws in the plane...
FAA Proposes $1.5M Fine Against Northwest Airlines
Mar 24 2010 // Federal regulators are proposing a fine of almost $1.5 million against Minneapolis-based Northwest Airlines because it didn’t inspect wires near the cockpit windows on some of its planes. The proposed civil penalty...
Volcano Erupts in Iceland, Hundreds Evacuated; Airspace Closed
Mar 22 2010 // Authorities evacuated hundreds of people after a volcano erupted beside a glacier in southern Iceland, the country’s civil protection agency said Sunday. The eruption occurred around 11:30 p.m. Saturday (19:30 EDT)...
TimeWise: The Magic Time-Saving Box
Mar 17 2010 // A slender boy of 14 moves slowly across the room. His full head of long red hair bounces as he walks. His mind is racing. He sits at the oak table near the window of the vast room. On the table is a box; a box that glows...
Maritime Terrorism Could Have Global Economic Impact
Mar 5 2010 // Singapore said on Friday it had raised alert levels in the city-state and beefed up security at its airport and new casino resorts after a warning of possible attacks on oil tankers in the Malacca Strait. [See IJ web site...
People
Feb 7 2010 // Willis Group Holdings extended the contract of its chairman and CEO Joseph J. Plumeri until July 7, 2013. His previous agreement was set to expire on the date of the company’s annual meeting in April 2011. Global...
