Latest Aviation Headlines

All the headlines from our Aviation Topic Page, ordered by recency.

Savvy US Airways Pilot May Have Grounded Lawsuits

Jan 23 2009 // A savvy pilot saved at least 155 lives when he guided a disabled US Airways jet to a relatively gentle landing in the Hudson River last week. He also may have protected his airline from the rash of lawsuits that usually...

AIG Is Lead Insurer on Airplane Downed in Hudson River

Jan 16 2009 // American International Group Inc. said Friday it was the lead insurer on the US Airways passenger jet that went down in Manhattan’s Hudson River on Thursday. An AIG spokesman, John Jones, said he could not provide...

Insurance Industry Sees Commercial Airlines as Safe

Jan 16 2009 // With the world’s attention focused on the US Airways Airbus emergency landing in the Hudson River and the successful rescue of passengers, the insurance industry points out that the commercial airlines industry has a...

AIG Gets Bids for Aircraft Leasing Unit; Shops Asset Manager

Jan 13 2009 // American International Group Inc., moving ahead with asset sales, has received the first round of bids for its aircraft leasing unit, and is expected to start shopping its asset management business soon, people familiar...

People

Jan 11 2009 // National managing general agent Burns & Wilcox has promoted Anthony Cugini to manager of the company’s Houston office. He is responsible for increasing sales across all product lines, including professional...

Willis Sees Hardening in Airline Insurance Market

Dec 17 2008 // Willis Group Holdings has said that it “expects aviation insurance prices to rise and the insurance market to harden further through the end of 2008 and into 2009,” according to the latest report issued by the...

Donnell to Retire from Hallmark Financial Services Aviation Division

Dec 17 2008 // Fort Worth, Texas-based Hallmark Financial Services Inc. (Hallmark) reported that Curtis Donnell, president and CEO of its general aviation division, Aerospace Insurance Managers, has announced his retirement effective...

Insiders Say AIG Slashing Prices to Win Business in Moves That May Burn Rivals, Taxpayers

Dec 11 2008 // American International Group Inc. is cutting prices to win new business and boost market share, competitors and others in the industry say, but taxpayers could again be stuck with the tab. Since a U.S. government bailout,...

Texas Air Traffic Controller Files Claim Against FAA

Nov 19 2008 // An air traffic controller who told authorities that the Federal Aviation Administration covered up safety issues at Dallas-Fort Worth International Airport has filed a discrimination claim charging the agency with refusing...

Aviator Group Names NationAir as Preferred Insurance Provider

Nov 11 2008 // NationAir Aviation Insurance recently announced that it has been named the preferred aviation insurance provider for the Cirrus Owners and Pilots Association (COPA). Through the preferred broker relationship, NationAir...

AIG’s Aircraft Leasing Unit Approved for Federal Funding Facility

Nov 3 2008 // American International Group Inc.’s aircraft leasing unit has been approved to participate in the U.S. Federal Reserve’s commercial paper funding facility. International Lease Finance Corp, in a filing with the...

Dallas-Based Apex Global Expands Aviation Division into South Carolina

Oct 13 2008 // Dallas, Texas-based Apex Global Partners opened a new aviation insurance office in Charleston, S.C. and appointed Paul Gingrich as vice president in its aviation division. Apex Global Aviation Services provides insurance...

Travelers Aviation Adds New Coverages, Risk Control Services

Oct 7 2008 // As the use of corporate and general aviation aircraft increases, Travelers (NYSE: TRV) Aviation is expanding its insurance products and services with new aviation coverage offerings including non-owned aircraft liability...

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...