Latest Aviation Headlines
All the headlines from our Aviation Topic Page, ordered by recency.
Aon’s Study of Airline Insurance Industry Finds Divergent Trends
Nov 9 2011 // Aon Risk Solutions, the risk management business of Aon Corp., has released the latest edition of its aviation data report –”Airline Insurance Market Indicators 2011/12,” which concludes that “as the...
AIG Reports Q3 Net Loss of $4.1 Billion
Nov 3 2011 // American International Group reported on Thursday a net loss of $4.1 billion and an after-tax operating loss of $3.0 billion for the third quarter ended Sept. 30, 2011, compared with a net loss of $2.5 billion and an...
First Suit Filed in Reno Air Race Tragedy
Nov 2 2011 // The family of a spectator killed in the Reno Air Race crash in September has filed a lawsuit claiming the crash was “the predictable result of a reckless drive for speed by a risk taking pilot and crew, coupled with...
Business Jet Operators Sue IRS Over Ticket Tax
Nov 1 2011 // A group of Ohio-based private business jet operators is suing the Internal Revenue Service for $643 million, saying the government wrongly applied a ticket tax meant for commercial passengers only. The lawsuit in U.S....
3M Powerless as October Snow Surprises Northeast
Oct 31 2011 // A freak October snowstorm knocked out power Sunday to more than 3.1 million homes and businesses across the U.S. Northeast, with close to two feet (60 centimeters) of snow falling in some areas over the weekend. The storm...
Outlining the Risks of the Business Traveler
Oct 17 2011 // Business travelers say there’s no substitute for being there. Even though budgets are tight and new technology makes it easy for people to connect virtually anywhere, businesses understand that it is crucial for...
Swiss Re Opens General Aviation Office in New York
Oct 11 2011 // Swiss Re Corporate Solutions’ aviation unit is expanding its operations in the North American general aviation (GA) market. It launched a New York-based underwriting team dedicated to developing its GA portfolio...
Boeing Arrest Points to Workplace Drug Problem
Oct 4 2011 // The arrest of more than three dozen people on drug charges at a Boeing military aircraft plant highlights the growing problem of prescription drug abuse by U.S. workers, according to experts. Federal authorities last...
Hurricane Ophelia Sweeps Past Bermuda, Heads North
Oct 3 2011 // Hurricane Ophelia swirled to the east of Bermuda Saturday, whipping up showers, thunderstorms and surf on the British overseas territory as it raced northwards over the Atlantic, forecasters said. Ophelia, the third major...
Insurers Draw Distinctions Between Air Races and Airshows
Oct 3 2011 // With an 11th fatality declared as a result of the crash at the National Championship Air Races in Reno, Nev. on Sept. 16, one of the world’s airshow insurance experts is anxious to draw a distinction between airshows...
Insurance Risks of Business Travelers
Oct 3 2011 // Business travelers say there’s no substitute for being there. Even though budgets are tight and new technology makes it easy for people to connect virtually anywhere, businesses understand that it is crucial for...
Typhoon Nesat Hits China after Pummeling Hong Kong
Sep 29 2011 // Typhoon Nesat hit Hainan Island in south China on Thursday after it swept past Hong Kong, closing financial markets, schools and most businesses in one of Asia’s largest financial centers. China recalled ships and...
Mass. Family in Last 9/11 Case Says Officials Escaped Responsibility
Sep 27 2011 // Even after settling what had been the last wrongful death lawsuit against the airlines over the Sept. 11, 2001 attacks, the family of Mark Bavis warned that neither those companies, nor government regulators have done...
In Wake of Reno Tragedy, Insurers Draw Distinctions Between Air Races and Airshows
Sep 21 2011 // With an 11th fatality declared as a result of the crash at the National Championship Air Races in Reno, Nev. on Friday, one of the world’s largest airshow insurers is anxious to draw a distinction between airshows...
Massachusetts Family Settles Last Wrongful Death Lawsuit from 9/11
Sep 21 2011 // The last wrongful death lawsuit remaining from the Sept. 11 terrorist attacks has been resolved with a settlement, according to an attorney for the family of a passenger on a plane that was flown by hijackers into the...
Reno Crash Probe Focuses on Wayward Part
Sep 19 2011 // Investigators determined that several spectators were killed on impact at an air race crash in Reno as a 1940s-model plane appeared to lose a piece of its tail before slamming like a missile into a crowded tarmac. The...
Lloyd’s Syndicate Sues Saudi Arabia for $215M Over 9/11 Claims
Sep 15 2011 // Lloyd’s of London’s Syndicate 3500 filed a federal lawsuit against Saudi Arabia, several Saudi charity and financial organizations and prominent Saudi individuals over 9/11 terror attacks. The insurer said...
Willis’ Report Finds Airline Industry Losses Hit 5-Year Low
Sep 14 2011 // The airline industry had a “relatively turbulent free start to the third quarter, with losses hitting a five-year low of $794 million,” according to the latest report from the Aerospace division of Willis Group...
New England Coast Weathers Irene; Inland Flooding, Power Outages Major Concerns
Aug 29 2011 // As Tropical Storm Irene churned up the eastern seaboard it left many of New England’s coastal states relatively unscathed, while inflicting some of the worst damage on landlocked Vermont, where severe flooding is now...
8 Dead as Typhoon Nanmadol Slams Northern Philippines
Aug 29 2011 // Slow-moving Typhoon Nanmadol remained dangerous Sunday despite weakening as it struck the tip of the mountainous northern Philippines, leaving at least eight people dead and scuttling a visit by a U.S. Navy battleship...
