Since September 11, a growing number of countries are requiring that aircraft overflying or landing at their respective airports carry war-risk insurance.
In a world of uncertainty, life insurance remains a priority for many business aviation pilots. Unfortunately, it also remains a much misunderstood subject.
Before September 11, insurance occupied no more than an afterthought in the minds of most in the aviation industry. For years, premiums had remained relatively stable, even reasonable, and standards of coverage conformed to the level of threat, perceived as minimal. In the years ahead, the aviation industry will look back at those as “the good old days.”
A new Information for Operators dealing with risk assessment was released last month, specifically focusing on how it relates to a safety-management system. The tool discusses the various risks associated with a flight, how to handle them and what may be considered an acceptable risk.
The FAA this week released a new Information for Operators dealing with risk assessment, and specifically how it relates to a safety-management system. The tool discusses the various risks associated with a flight, how to handle them and what may be considered an acceptable risk.
Last month this column looked at safety management systems (SMS) and considered why the industry is embracing them. This month focus shifts to the key elements of such systems and their contribution to the industry’s livelihood.
Aviation Personnel International (API) and Waypoint Partners have collaborated to launch a risk-management service for flight departments called the Accelerator. It combines Waypoint’s safety assessment with API’s Annual Health Chex, a top-to-bottom consultation with all members of the aviation department.
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