Latest Aviation Headlines
All the headlines from our Aviation Topic Page, ordered by recency.
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...
Rescheduled Asiana Crash Hearing to Probe Pilot Reliance on Automation
Dec 10 2013 // A U.S. safety regulator’s hearing on the July 6 crash of an Asiana Airlines Inc. plane in San Francisco was postponed today due to the federal government’s weather-related closing. The day hearing will be...
Storms Sweep Across Illinois, Kill at Least 5, Delay Flights
Nov 18 2013 // Tornadoes and thunderstorms swept through a 300-mile stretch of Illinois and other Midwestern states, killing at least five people, damaging hundreds of homes and disrupting air travel at O’Hare International...
Record Typhoon Again Shows Philippines Most at Risk for Natural Hazards
Nov 10 2013 // Destruction from Super Typhoon Haiyan, the most powerful storm on record to strike the Philippines, shows the task facing President Benigno Aquino to curb the death toll in a country prone to natural disasters. The...
UPDATE: AIR Worldwide Reports on European Windstorm Christian
Oct 30 2013 // Catastrophe modeling firm AIR Worldwide continued its analysis of Windstorm “Christian,” which smashed into southern Britain Monday, October 28, knocking over trees, flooding lowlands, and disrupting land, sea,...
Europe Battered by Winter Storm Christian: AIR Worldwide Analysis
Oct 29 2013 // Catastrophe modeling firm AIR Worldwide reported that “winter storm ‘Christian’ (known as ‘St. Jude in the United Kingdom) battered the western shores of southern Great Britain early on Monday,...
Storm Kills Five in UK, Netherlands; Causes Power Cuts, Travel Chaos
Oct 28 2013 // Hurricane strength winds battered Britain and the Netherlands on Monday, killing five people, cutting power and forcing the cancellation of hundreds of flights and train journeys before the storm barreled further into...
Oklahoma Landowner Liability Bill Becomes Effective Nov. 1
Oct 16 2013 // Landowners in Oklahoma should be aware that a bill limiting liability for use of their privately owned airfields will become effective Nov. 1, state Rep. Mike Brown announced. Brown and state Sen. Sean Burrage authored...
Typhoon WiphaThreatens Japan; Precautions at Fukushima Nuclear Plant
Oct 15 2013 // A once-in-a-decade typhoon threatened Japan on Tuesday, disrupting travel and shipping and forcing precautions to be taken at the wrecked Fukushima nuclear power plant. Typhoon Wipha is moving across the Pacific straight...
Shutdown Sidelines Safety Inspectors of Workplaces, Mines, Nursing Homes and More
Oct 9 2013 // The partial shutdown of the U.S. government has sidelined thousands of inspectors who monitor everything from air and water pollution to safety hazards at factories and the condition of nursing homes. Federal law requires...
Allied World Europe Acquires Markel Int’l.’s Aviation Renewal Rights
Oct 3 2013 // Allied World Assurance Company Holdings, AG and Markel International announced that they have entered into an agreement for Allied to acquire the renewal rights to a book of aviation business written by Lloyd’s...
