Latest Aviation Headlines
All the headlines from our Aviation Topic Page, ordered by recency.
SilkAir Insurers Sue Over 1997 Crash
Jul 9 2001 // Singapore Aviation and General Insurance Company has filed two lawsuits, one in New York, and the other in Los Angeles, seeking some $55 million in damages from Boeing and several aircraft component manufacturers related...
On-line Aviation Insurance Directory Available
Jun 1 2001 // PlaneShark ™, an on-line air transportation publication, based in Palo Alto CA, announced that it has put together “a comprehensive listing of aviation focused insurance agents, brokers, and underwriters on its...
Aviation Insurance Holdings to Buy Aviation Agency
Mar 22 2001 // Las Vegas-based Aviation Insurance Holdings has signed a letter of intent to purchase the Aviation Agency of Crystal Lake, Ill. Larry Galizi, founder and CEO of the Aviation Agency, will be retained as president and CEO on...
Concorde May Fly Again, Despite Lawsuits by Grieving Passenger Families
Feb 5 2001 // Last summer’s tragic Concorde crash continues to produce heartache as the lawsuits multiply and negotiations break down. Settlement talks between the lawyers for the victims’ families and Air France and its...
Concorde May Fly Again, Despite Multiplying Lawsuits
Jan 29 2001 // Last summer’s tragic Concorde crash continues to produce heartache as the lawsuits multiply and negotiations break down. Settlement talks between the lawyers for the victims’ families and Air France and its...
Allianz/AGF Strengthen Position in Aviation Insurance Market
Jan 24 2001 // AGF, the French subsidiary of Germany’s Allianz, announced that its AGF MAT unit had purchased the remaining 51 percent of Westminster Aviation Insurance Group from France’s Groupama-Gan, giving it 100 percent...
Singapore Insurer Sues Boeing Over SilkAir Crash
Dec 18 2000 // Singapore Aviation & General Insurance Co. filed a complaint in Federal District Court in New York to recover damages from Boeing and several other companies it claims to be responsible for the 1997 crash of a Silk...
CRASH TARNISHES AIRLINE’S RECORD
Nov 13 2000 // A spokesman for Singapore Airlines admitted that the company’s L.A.-bound 747 which crashed and burned on takeoff from Taiwan’s Taipei airport during a violent storm was apparently on a runway that had been...
Singapore Airlines Admits Plane Took Wrong Runway
Nov 3 2000 // A spokesman for Singapore Airlines admitted that the company’s L.A. bound 747 which crashed and burned on takeoff from Taiwan’s Taipei airport during a violent storm last Monday, was apparently on a runway that...
L.A. Bound Plane Crashes – 78 Reported Killed
Nov 1 2000 // A Singapore Airlines 747, bound for Los Angeles from Taiwan with 179 people on board, apparently hit an object on the runway while taking off in a fierce windstorm and burst into flames killing a reported 78 people. 47...
Air France, Insurers Sue Continental
Sep 28 2000 // Air France and La Réunion Aérienne (LRA), the consortium of insurers that covered the Concorde, that crashed outside of Paris on July 25th, killing all aboard, have filed suit in a French Commercial Court against...
Chubb, CNA Complete Sale of Aviation Underwriter
Sep 28 2000 // Chubb Corp. announced that it has completed the sale of its ownership interest in Associated Aviation Underwriters, Inc. (AAU) to British Aviation Insurance Group Ltd. (BAIG). Chubb’s partner in the aviation and...
Continental DC-10 May Have Dropped Fatal Piece
Sep 5 2000 // French investigators revealed the possible origin of the 16 inch long metal strip found on the runway after the crash of the Concorde near Paris on July 25th. Experts theorize that the strip caused the tire blowout, that...
143 Die in Gulf Air Crash
Aug 24 2000 // All 135 passengers and 8 crew members perished Wednesday night when an Airbus 320 operated by Gulf Air crashed into the shallow waters of the Persian Gulf three miles from its destination, the Bahrain airport. The airliner...
AVIATION BOOK CHANGES HANDS
Aug 14 2000 // CNA has entered into an agreement to sell Associated Aviation Underwriters Inc. (AAU) to the British Aviation Insurance Group (BAIG). AAU is jointly owned by CNA and The Chubb Corp. The agreement will take effect in...
iwix.net Signs Three New MGAs
Aug 10 2000 // Five Star Managers (representing Brockbank, a Lloyd’s syndicate and part of the XL Group), ProSurance (representing ACE USA Insurance Companies), and Sterling Risk Management, an MGA for aviation products, are now a...
CNA TO SELL OFF AVIATION
Aug 7 2000 // CNA announced July 31 that it entered into an agreement to sell Associated Aviation Underwriters Inc. (AAU) to the British Aviation Insurance Group (BAIG). AAU is jointly owned by CNA and The Chubb Corp. The agreement will...
Tragic Concorde Crash Could Wrack Up Losses for European Insurers
Aug 7 2000 // Insurers could pay out more than $320 million as a result of the July 25 Air France Concorde crash that killed 113 people, according to the Guardian, a U.K. newspaper. The supersonic jet went down just after taking off...
S&P Lowers Polygon Insurance to BBB-; On Watch Development
Aug 3 2000 // Standard & Poor’s today lowered its counterparty credit and insurer financial strength ratings on the U.K. specialist aviation insurance company Polygon Insurance Co. Ltd. (to triple-‘B’-minus from...
Air France Concorde Flights Still Grounded
Aug 2 2000 // Flights on Air France’s five Concorde jets will remain suspended, pending decisions on how to improve the safety of the plane following the July 25 Air France Concorde crash. The supersonic jet went down just after...
