Latest Aviation Headlines
All the headlines from our Aviation Topic Page, ordered by recency.
LIMITED LIABILITY FOR LOST ITEMS
Oct 29 2001 // After security workers at San Jose International Airport allegedly lost a carry-on bag containing more than $100,000 in jewelry, the bag’s owner attempted to sue for damages. However, a split panel of the 9th U.S....
In the Thick of National Crisis: IJ Talks with IIAA CEO Rusbuldt
Oct 22 2001 // As the nation was reeling from tragedy, Robert A. Rusbuldt, CEO of the Independent Insurance Agents of America (IIAA), was moving ahead with other industry representatives to ensure that the important role of independent...
Concorde Set to Resume Service Nov. 7
Oct 17 2001 // More than a year after the crash near Paris which killed 113 people, Concorde, the world’s only supersonic passenger jet, is set to resume its transatlantic service on November 7. British Airways and Air France...
Airline Has Limited Liability for Lost Jewelry, SF Court Rules
Oct 15 2001 // After security workers at San Jose International Airport allegedly lost a carry-on bag containing more than $100,000 in jewelry, the bag’s owner attempted to sue for damages. However, a split panel of the 9th U.S....
In the Thick of National Crisis: IJ Talks with IIAA CEO Rusbuldt
Oct 15 2001 // As the nation was reeling from tragedy, Robert A. Rusbuldt, CEO of the Independent Insurance Agents of America (IIAA), was moving ahead with other industry representatives to ensure that the important role of independent...
118 Die in Plane Crash at Milan Airport
Oct 9 2001 // All 110 persons aboard a Scandinavian Airlines flight bound for Copenhagen died when the airplane collided with a private plane at Milan’s fog-shrouded Linate airport, veered off the runway into a baggage hangar,...
Some Asian Airlines Still Seeking Help for War
Oct 8 2001 // While most Asian National Flag carriers have been able to obtain government assistance to meet new insurance demands for war and terrorist risk cover, smaller airlines are still seeking solutions, heightened by increased...
AIG Member Companies Complete Placement of Aviation War Risk and Hijacking Liability Coverage Octob
Oct 8 2001 // American International Group Inc. (AIG) has announced that its member companies have completed the placement, on behalf of the co-insurance market, of aviation war risk and hijacking liability coverage that makes available...
AIG Completes Package for Airlines
Oct 5 2001 // American International Group Inc. has finalized a package to provide $1 billion of coverage per airline for war risk and hijacking liability. Airlines and insurers have been stunned by the Sept. 11 attacks on the United...
AMR Corp. Notes Insurers Canceling Coverage
Sep 27 2001 // AMR Corp., the parent of American Airlines, said on Tuesday that insurers are canceling its coverage for claims caused by acts of war, terrorism, sabotage, hijacking and other similar events effective Sept. 26. According...
AIG To Offer War, Hijack Coverage to Airlines
Sep 26 2001 // American International Group announced its intention to offer coverage to airlines for war and hijacking (terrorist) risks through its member companies with total limits up to $1 billion. The decision comes in response to...
Sept. 11, 2001: Terrorist Attacks Strike America
Sep 24 2001 // Terrorists crashed two hijacked planes into the World Trade Center this morning, causing countless deaths and untold damage as the twin 110-story towers collapsed. The crashes occurred minutes apart just before 9 a.m., and...
True Loss from Sept. 11 Terrorist Attacks on U.S. is Immeasurable, As Estimates of Potential Insured
Sep 24 2001 // “The World Trade Center is a living symbol of man’s dedication to world peace, his belief in cooperation of men and, through cooperation, his ability to find greatness.” —Minoru Yamasaki (1912-1987),...
U.S.- EU To Help Airlines Cover War, Terrorist Risks
Sep 24 2001 // The governments of the U.S., the U.K. and the European Union rode to the rescue of the airline industry over the weekend when they announced separate decisions to help carriers cope with increases in premiums covering war...
London Market To Cancel Airlines’ War, Terrorist Risk Cover – Big Increases Anticipated
Sep 20 2001 // According to a report from Reuters News Agency, insurers in the London market, including Lloyd’s, have given the airlines they insure notice that coverage for war risks and terrorist attacks will no longer be...
Midway Airlines Ceases Operations Following Terrorist Attacks
Sep 17 2001 // Midway Airlines announced that effective immediately it has suspended all future flight operations. This action is being taken at this time in order to preserve the value available for Midway’s interest holders and...
Terrorist Attack Paralyzes Economy; Insurers Face Largest Catastrophe Ever
Sep 17 2001 // The coordinated terrorist attacks in New York’s lower Manhattan and Washington, D.C., last week targeted indisputable symbols of American prestige and military power: the World Trade Center and the Pentagon. The...
Officials Begin to Assess the Damage as Smoke Clears, Casualties Mount
Sep 13 2001 // Now that the initial damage has been done, city officials have begun the grim task of removing bodies from both towers of the World Trade Center and the Pentagon. While there have been a few stories of survivors being...
International Insurance Stocks Plunge for
Sep 13 2001 // The day after the Sept. 11 terrorist attacks on the U.S, insurance stocks fell significantly in international trading. The DJ Stoxx insurance index reportedly fell to a three-year low at 8:27 a.m. EDT, following a 13...
Terrorist Acts Strike New York and Washington
Sep 11 2001 // Terrorists crashed two hijacked planes into the World Trade Center this morning, causing countless deaths and untold damage as the twin 110-story towers collapsed. The crashes occurred minutes apart just before 9 a.m., and...
