Reinsurers Charge ‘Rational’ Rates in April Renewals, from Flat to 25%: Willis Re April 1, 2019 While there were no signs of generalized rate hardening during the April 1, 2019 renewal season, reinsurers have adopted a...
Ethiopian Airlines Crash Could Break Record for Non-War Reinsurance Claim: Willis Re April 1, 2019 Liability claims related to the Ethiopian Airlines crash and the grounding of Boeing 737 MAX 8 aircraft could be the...
Next-to-Last Flight of Lion Air’s Doomed 737 MAX Was Saved by Off-Duty Pilot March 20, 2019 By Alan Levin and Harry Suhartono As the Lion Air crew fought to control their diving Boeing Co. 737 MAX 8, they got help from an...
Black Boxes Show Ethiopian Airlines, Lion Air Disasters Were Similar, Says Ethiopia March 18, 2019 By Maggie Fick and David Shepardson The crash of an Ethiopian Airlines plane that killed 157 people had “clear similarities” with October’s Lion Air crash, Ethiopia...
Boeing Faces Spate of Lawsuits After Second 737 MAX 8 Crash March 15, 2019 By Bob Van Voris and Janan Hanna Lawyers are already targeting Boeing Co. for Sunday’s Ethiopian Airlines disaster even while investigators are still trying to figure out...
Satellites Found 1st Concrete Evidence of Link Between Boeing 737 MAX Crashes March 14, 2019 By Alan Levin The first concrete evidence of a possible link between two deadly Boeing 737 MAX crashes came from space. A new...
Norwegian Air to Seek Compensation from Boeing for Costs of MAX Groundings March 13, 2019 By Terje Solsvik and Gwladys Fouche Norwegian Air said on Wednesday it will seek compensation from plane maker Boeing for costs and lost revenue after grounding...
U.S. FAA Reaffirms Safety of Boeing 737 Max as Groundings Continue Across Globe March 13, 2019 By Alan Levin U.S. aviation regulators reiterated that they see no safety issue with the beleaguered Boeing Co. 737 Max jetliner that warrants...
Update: Groundings of Boeing 737 MAX 8 Cascade Globally March 13, 2019 Aviation regulators around the globe are grounding Boeing‘s 737 MAX aircraft following Sunday’s deadly plane crash in Ethiopia. Regulators in...
FAA Signals Confidence in Airworthiness of Boeing 737 MAX After 2nd Deadly Crash March 12, 2019 By Alan Levin and Julie Johnsson U.S. aviation regulators signaled their confidence in the safety of Boeing Co.’s embattled 737 MAX jetliner, issuing a global notice...