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Aviation tag returned 48 results

  • India: Foreign insurers expected to pay 90% of insured value of crashed plane

    Global reinsurers are expected to pay over 90% of the insured value of the Air India Express plane that was destroyed in a crash in Kerala on 7 August.

    Asia | 10 Aug 2020
  • Pakistan: Crashed aircraft insured for almost US$20m

    The Pakistan International Airlines (PIA) Airbus SE A320 jet that crashed into a crowded residential district of Karachi on 22 May killing 97 people on board was insured for $19.7m, reported Reuters citing an airline document.

    Asia | 01 Jun 2020
  • Nigeria: Aviation insurers count COVID-19 losses

    With the cancellation of local and international flight operations to curb the spread of the COVID-19 pandemic, aviation insurers are beginning to tote up their losses.

    Africa | 27 Apr 2020
  • Airports need to consider broader strategy to analyse risk

    With flight cancellations and airlines grounded due to COVID-19, airports worldwide are feeling the financial strain. Airports rely heavily on airport charges to fund their operating and capital costs and operators find themselves under intense pressure during periods of traffic decline, said Airports Council International World.

    Asia | 20 Mar 2020
  • Lloyd's collates coronavirus loss data

    Lloyd's of London has asked its member firms to provide estimates of their potential current and final losses from coronavirus. This would help the insurance market understand its possible overall losses from the impact of the pandemic.

    Asia Risk | 18 Mar 2020
  • Qantas fatigue risk management plan approved for ultra-long-range flights

    Qantas has just signed off on a fatigue risk management system (FRMS) that helps pave the way for the proposed ultra-long-range Project Sunrise flights.

    Asia Risk | 04 Mar 2020
  • Around 80 airports around the world could be swamped by 2021 by a one-meter rise in sea levels

    An analysis by the Washington-based World Resources Institute (WRI) has found that with one-meter rise in sea-level, an estimated 80 airports globally would be swamped by 2100.

    Asia Risk | 12 Feb 2020
  • Iran: Govt to pay more than US$100m for downed airliner

    The Iranian government will pay $100-$150m in compensation for the Ukrainian plane which was accidentally shot down on 8 January by an Iranian-fired missile, the deputy chairman of the Central Insurance of Iran, Mr Gulamali Jahangiri, has said, reported Trend News Agency.

    Middle East | 14 Jan 2020
  • Green shoots of recovery for aviation despite tragic start to 2020

    The aviation sector was greeted with the unfortunate news of the crash of Ukraine International Airlines flight in Iran on Wednesday which killed all 176 people on board. The Boeing 737-800 'plane was bound for Kiev when it crashed just minutes after taking off at the Imam Khomeini airport in Tehran.

    AIRPlus | 10 Jan 2020
  • What are the odds of an airplane crash?

    Despite record numbers of over 4 billion passengers globally, statistics show that flying has never been safer, according to a report published by the corporate and aviation insurance specialist Allianz Global Corporate & Specialty (AGCS) in association with Embry-Riddle Aeronautical University, the largest, fully accredited university specializing in aviation and aerospace.

    Agents | 06 Nov 2019

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