Latest Aviation Headlines
All the headlines from our Aviation Topic Page, ordered by recency.
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...
Six Experienced Execs Join Aon’s London Aviation Team
Feb 2 2010 // Aon announced that it has made six new appointments to its London-based General Aviation team, which specializes in industrial aid and commercial aircraft. “The appointments have been made to further improve business...
Concorde Trial Starts in France 10 Years after Crash
Feb 2 2010 // Continental Airlines and five men went on trial on Tuesday for their alleged role in the crash of an Air France Concorde that killed 113 people in 2000 and brought an end to an era of luxury supersonic travel. The...
AIG Reportedly Scraps Plans to Sell Aircraft Leasing Unit
Jan 26 2010 // American International Group has decided not to sell its aircraft leasing unit, International Lease Finance Corp, the Financial Times said, citing people close to the situation. AIG has realized that it will not reap a big...
Ethiopian Airlines Plane Crashes in Sea off Beirut, Bodies Found
Jan 25 2010 // An Ethiopian Airlines plane with 90 people on board crashed into the sea shortly after taking off from Beirut in bad weather early on Monday. Four bodies were recovered as a search for survivors began. The Boeing 737-800,...
People
Jan 24 2010 // Colemont Insurance Brokers has promoted Tara Plourde to broker in the company’s Hartford, Connecticut office. She joined Colemont in 2008. Prior to Colemont, she was a commercial lines underwriter at a standard lines...
S&P:No Downgrades for Financials, Insurers from Japan Airlines Bankruptcy
Jan 21 2010 // Standard & Poor’s Ratings Services stated that its ratings on Japan’s financial institutions and insurance companies “would be unaffected by the debt forgiveness requested by Japan Airlines Corp....
XL Insurance Adds to Aviation Team, Expands West
Jan 13 2010 // New York-based XL Insurance, the global insurance operations of XL Capital Ltd., has expanded its U.S. Aviation underwriting team with an aviation branch office in San Francisco and by adding to its New York-based...
Most Property Reinsurance Rates Down at January Renewal As Capital Rebounds
Jan 10 2010 // Reinsurance rates across most lines of property catastrophe business declined at the Jan. 1, 2010 renewal, according to a briefing by Guy Carpenter & Co. LLC. Guy Carpenter’s World Catastrophe Rate on Line (ROL)...
Most Property Reinsurance Rates Down at January Renewal As Capital Rebounds
Jan 5 2010 // Reinsurance rates across most lines of property catastrophe business declined at the Jan. 1, 2010 renewal, according to a briefing by Guy Carpenter & Co., LLC. Guy Carpenter’s World Catastrophe Rate on Line...
Superior Access Introduces Aviation Insurance Services
Dec 18 2009 // Irvine, Calif.-based Superior Access Insurance Services Inc. (SAIS) announced it will be providing aviation coverage products with support from more than 20 carriers. SAIS now has the ability to place and service a number...
$7 Million Awarded to 1 Victim’s Family in 2006 Comair Plane Crash
Dec 10 2009 // Family members of one of 49 people killed in a 2006 Kentucky plane crash have been awarded a $7.1 million civil verdict, but a separate jury will decide whether Comair must also pay millions more in the only passenger...
AIG Solicits Offers for Aircraft Unit
Dec 7 2009 // AIG is soliciting bids for its International Lease Finance Corp. after a group led by the unit’s chief offered to buy a small portion of the aircraft lessor’s fleet, according to sources familiar with the...
U.S. Considers Night Flying to Fight Fires
Dec 2 2009 // The U.S. Forest Service is considering allowing its helicopters to attack wildfires at night, a practice the agency has long discouraged because of risks to pilots, a senior official said Monday. The change would be a...
