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Airlines bound by promised delivery date given by their agents: SC

Airlines bound by promised delivery date given by their agents: SC

by AIP Online Bureau | Nov 13, 2023 | Indian News

A bench of Justices A.S. Bopanna and P.S. Narasimha said that an agent of Kuwait Airways had promised that the goods shall be delivered within one week but the shipment was delivered after one-and-a-half months, adding that “there was negligent delay in the delivery...

Airlines split over safety risk of Israel flights

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

Airlines have faced warnings over insurance cover in the wake of the weekend attacks on Israel by Hamas militants Airlines wrestled with the safety risk of evacuation operations in Israel on Thursday, with Norwegian Air and Dutch KLM canceling flights while Air France...

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...
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