Latest Aviation Headlines
All the headlines from our Aviation Topic Page, ordered by recency.
AIG Agrees to Sell 50% Interest in London City Airport
Sep 30 2008 // Amercian International Group is selling its stake in a London airport. Global Infrastructure Partners (GIP) said it has entered into a definitive agreement to acquire AIG-Financial Products’ 50 percent interest in...
Aon Study Concludes Airline Insurance Market ‘Hardening’
Sep 25 2008 // A bulletin from Aon’s London office concludes that the airline insurance market “is hardening for the first time in five years, with a five percent increase in lead hull and liability premium between January...
Hanna Brings Flooding, Flight Delays to New York City
Sep 8 2008 // Tropical Storm Hanna dropped a month’s worth of rain within hours Saturday, flooding highways, delaying flights and halting the U.S. Open Tennis tournament. But officials reported no major damage. The storm dropped...
In New Jersey, Hanna Causes Flooding, Power Outages
Sep 8 2008 // Tropical Storm Hanna brought heavy rains and high winds to New Jersey on Saturday, but no major weather-related problems were reported as the fast-moving storm made its way along the coast Saturday night. Forecasters said...
Bird Prepares to Land After 20 Year Flight with North Carolina Big ‘I’ Agents
Sep 1 2008 // Retiring Leader Sees Agency Management Education Program at Appalachian State as Top Achievement After 20 years as an advocate for independent agents, Bob Bird, chief executive officer of the Independent Insurance Agents...
AAA Chicago Forecasts Slight Decrease in Labor Day Holiday Travel
Aug 29 2008 // AAA Chicago projects a slight decrease in the number of Americans traveling during the Labor Day holiday weekend. Nearly 34.38 million Americans will travel 50 miles or more from home this Labor Day holiday weekend, down...
XL Expands Canada Aviation Team
Aug 13 2008 // XL Insurance, XL Capital’s global insurance operations, has expanded its specialty insurance product offerings in Canada with the appointment of a new aviation insurance team lead by Tony Trost. He joins XL...
Investigators Focus on Oxygen Tank as Cause of Qantas Explosion
Jul 28 2008 // Australian investigators were focusing on the possibility that an oxygen cylinder could have exploded in mid-flight on the Qantas jumbo jet that made an emergency landing in the Philippines with a giant hole in its...
Bipartisan Bill Targets ‘Cozy’ Ties Between Airlines, Safety Agency
Jul 17 2008 // A bipartisan group of lawmakers introduced a bill this week aimed at ending the Federal Aviation Administration’s sometimes cozy relationship with the airline industry and reversing purported complacency on safety...
Delta Dismissed from Fatal 2006 Kentucky Plane Crash Lawsuits
Jul 11 2008 // A federal judge dismissed Delta Air Lines Inc. from more than 19 pending lawsuits involving a plane crash in Kentucky that killed 49 people two years ago. U.S. District Judge Karl Forester said in a 13-page opinion that no...
AIG Decides to Hang Onto and Grow Aircraft Leasing Unit, ILFC
Jun 27 2008 // International Lease Finance Corp. (ILFC), an aircraft leasing and remarketing firm, will remain a core holding of insurance giant American International Group, Inc. (AIG). Robert B. Willumstad, AIG chairman and chief...
Marsh’s Aviation Reinsurance Team to Join Guy Carpenter
Jun 24 2008 // Marsh has announced that its aviation reinsurance team will join Guy Carpenter, also an MMC company, which specializes in all aspects of reinsurance, by the end of 2008. When the process is completed, 29 Marsh colleagues...
Union Wants Kentucky Plane Crash Investigation Reopened
Jun 10 2008 // The air traffic controllers’ union is urging a federal safety board to reopen its findings on a 2006 plane crash in Kentucky that killed 49 people and include understaffing at the airport tower as a contributing...
First Aid Flights May Reach Myanmar; Death Toll Could Exceed 100,000
May 9 2008 // Myanmar’s (Burma’s) isolationist military regime gave the go-ahead for the first major airlift of international aid into the country Thursday, while dragging its feet on urgently requested visas by foreign...
Travelers Increases Aviation Insurance Coverage Capacity to $50 Million
Apr 29 2008 // Catering to the growing demand for expanded aviation insurance and coverage for larger general aviation aircraft, Travelers Aviation reported that it is increasing its capacity to insure aircraft for hull coverage values...
9 West Virginia Airports Get Federal Funds for Improvements, Safety
Apr 25 2008 // Nine West Virginia airports are getting federal funding for runway improvements and other projects. U.S. Sens. Robert C. Byrd and Jay Rockefeller say the Federal Aviation Administration has awarded $1.9 million to Yeager...
Tennessee: Bridge near Memphis Airport Undergoes Emergency Repairs
Apr 8 2008 // A bridge in Tennessee that is part of the main route to the Memphis International Airport is undergoing emergency repairs. State inspectors found that strong currents on Nonconnah Creek is washing away bed material around...
Traveler Trying to Carry Potential Explosives on Plane Arrested in Florida
Apr 3 2008 // A man was arrested Tuesday in Florida at Orlando International Airport carrying materials in his luggage that could have been used for an explosive device, FBI officials said. Federal behavioral specialists spotted Kevin...
2008 Aviation Outlook Unclear
Mar 31 2008 // Capacity for aviation coverage appears to be increasing, but, as claims are also on the rise, the outlook for the year ahead is not one that is easy to predict. Aon aviation industry analyst, Magnus Allan, commented...
Singapore Air Again Grounds A380 for Fuel Pump Fault
Mar 26 2008 // Singapore Airlines said on Wednesday that it had to ground an Airbus A380 on Monday and transfer passengers to two smaller Boeing 747s bound for Sydney, after a fuel pump failed to work. This was the fourth incident in...
