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Airlines face doubling in war insurance premiums: Sources

Airlines face doubling in war insurance premiums: Sources

by AIP Online Bureau | Jul 26, 2023 | International News, Non-Life, Reinsurance

Insurers are, as a result, weighing a potential doubling of the premiums on such policies when airlines typically renew cover in the fourth quarter, the sources said London: Airlines could end up paying twice as much for insurance they need to protect themselves...
Airlines in India to add 100 aircraft per year to fly 412 mn passengers

Airlines in India to add 100 aircraft per year to fly 412 mn passengers

by AIP Online Bureau | Jan 8, 2023 | Eco/Invest/Demography, Indian News, Non-Life, Reinsurance

Civil Aviation Ministry officials said that there were about 400 aircraft in 2013 and in 2021-22, the number increased to 700. Airlines in India are going to add 15 per cent capacity or 100 to 110 aircraft per year and the aviation sector is looking at close to 1,200...

DGCA carries out 4,378 surveillance activities among Indian airlines this year

by AIP Online Bureau | Dec 23, 2022 | Data, Eco/Invest/Demography, Regulation, Risk Management

“As a result, the Effective Implementation score of India has risen from previous 69.95 per cent to 85.49 per cent, thereby changing India’s Safety Oversight ranking from 102 to 48 among the 193 contracting states,” it said. New Delhi: Aviation...

Airlines need to strictly enforce COVID-19 protocol, including mask mandate: DGCA

by AIP Online Bureau | Aug 18, 2022 | Health, Indian News

Airlines have to ensure that passengers are wearing face masks properly throughout the journey and there is proper sensitisation of passengers through various platforms, it mentioned New Delhi: Aviation regulator DGCA on Wednesday asked all Indian carriers to strictly...
Airlines scrap, reroute flights as China fires live missiles in drills near Taiwan

Airlines scrap, reroute flights as China fires live missiles in drills near Taiwan

by AIP Online Bureau | Aug 5, 2022 | Eco/Invest/Demography, International News, Non-Life, Risk Management

The airspace involved is comparatively small, but the disruption from the largest military exercises by China in the area since it fired missiles off the coast in 1996 is hampering travel between Southeast Asia and Northeast Asia SEOUL: Airlines have cancelled flights...
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