aviation insurance News

Crashed Ukrainian Cargo Plane Carried Shipment of Ammunition for Bangladesh

Ukrainian foreign ministry officials on Sunday traveled to inspect the site where a Ukrainian cargo plane crashed overnight in northern Greece, en route from Serbia to Jordan and on to Bangladesh. The envoys will help local authorities and emergency services …

EU Aviation Watchdog Raises Alarm About Western-Made Aircraft Flying in Russia

The European Union’s top aviation safety regulator said on Tuesday that he is “very worried” about the safety of Western-made aircraft continuing to fly in Russia without access to spare parts and proper maintenance. The European Union and the United …

EU Regulator Sees No Safety Problem With A350 Paint at Center of Legal Dispute

Europe’s top aviation safety regulator said on Tuesday he had seen no evidence that paint or surface erosion on A350 jets, which are at the center of a legal dispute between Airbus and Qatar Airways, represented a safety issue. The …

Murder-Suicides by Pilots Are Increasing Share of Aviation Fatalities

For decades, commercial airline travel has gotten progressively safer. But one cause of deaths has stubbornly persisted: pilots who intentionally crash in murder-suicides. Preliminary evidence suggests the crash of a China Eastern Airlines Corp. jet in March may be the …

Plane-Crash Mysteries Prompt Renewed Calls for Cameras in Cockpits

“We’re too low! We’re too low! We’re too low!” The Boeing Co. 737 co-pilot’s frenzied warnings on Sept. 28, 2018 came too late. Within seconds, the Air Niugini Ltd. passenger flight slammed into the waters of the western Pacific, half …

Insurance Premiums Surging for Ukraine War-Exposed Business: Sources

Insurance premiums are doubling or more for some aviation and marine business particularly exposed to the war in Ukraine, increasing costs for airline and shipping firms, industry sources say. Global commercial insurance premiums rose 11% on average in the first …

Probe Into China Eastern Airlines’ Crash Examines Actions of Crew

Investigators looking into the crash of a China Eastern Airlines jet are examining the actions of the crew on the flight deck, with no evidence found of a technical malfunction, two people briefed on the matter said. In mainland China’s …

Russia’s Aeroflot Buys 8 Stranded Airbus A330 Aircraft From Leasing Firms

Russia’s biggest airline, Aeroflot, said on Friday it had bought eight Airbus A330 aircraft from foreign leasing companies “as part of the fulfillment of contractual obligations.” More than 400 aircraft leased from Western firms, worth almost $10 billion, have been …

Aircraft Lessors Begin ‘Vigorous’ Pursuit of Insurance Claims for Seized Jets in Russia

Lessors with hundreds of jets stuck in Russia are preparing for what one said would be a “vigorous” pursuit of insurance claims while maintaining discreet contact with some customers after Moscow blocked the jets from leaving. The loss of over …

Paris Trial Begins for 2009 Plane Crash That Killed 152 People, Left 1 Survivor

PARIS (AP) – The lone survivor of a 2009 plane crash that killed 152 other people was expected to attend the trial of Yemen’s main airline which opened Monday in Paris. At just 12 years old, Bahia Bakari clung to …