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Governments join rescue effort as airlines face Israel insurance alert

by AIP Online Bureau | Oct 12, 2023 | Eco/Invest/Demography, International News, Non-Life, Reinsurance

Israel’s parliamentary finance committee said late on Tuesday it would debate authorizing state guarantees for providing war risk insurance for Israeli airlines The panel said insurance companies had indicated they were entitled to cancel cover with seven days’...

Israel-Hamas conflict: Major airlines suspend Tel Aviv flights until conditions improve

by AIP Online Bureau | Oct 9, 2023 | Eco/Invest/Demography, International News, Non-Life, Reinsurance, Risk Management

US air carriers United Airlines, Delta Air Lines and American Airlines said they had suspended direct flights.Air France, Lufthansa, Emirates and Ryanair also pulled flights to Tel Aviv’s Ben Gurion airport PARIS/NEW YORK: Several international air carriers said on...

Weight-Loss drugs estimated to save airlines millions

by AIP Online Bureau | Sep 30, 2023 | Eco/Invest/Demography, Health, International News

Weight is a major concern for airlines because the more a plane weighs, the more fuel it burns. Fuel and labor are the two largest expenses for carriers, with fuel accounting for about 25%. Over the years airlines have used a variety of methods to reduce pounds on...
Fly responsibly? Airlines face a storm over climate claims

Fly responsibly? Airlines face a storm over climate claims

by AIP Online Bureau | Sep 14, 2023 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, International News, Non-Life

In June, European consumer rights body BEUC lodged a complaint at the European Commission against 17 airlines, alleging they use terms such as “sustainable,” “responsible” and “green” deceptively “The reason we picked airlines is probably because it’s one of the most...
7 airlines closed down in 5 years, 16 carriers operational now: Government Data

7 airlines closed down in 5 years, 16 carriers operational now: Government Data

by AIP Online Bureau | Jul 28, 2023 | Data, Eco/Invest/Demography

As per the data, seven airlines have been shut down in the last five years till July 21, 2023. Two airlines — Heritage Aviation Pvt Ltd and Turbo Megha Airways Pvt Ltd — were shuttered in 2022.Three carriers — Zexus Air Services Pvt Ltd, Deccan...
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