Flightworx Aviation’s Post

While air travel stalled during the pandemic, its rapid return has driven an increase in demand for new pilots. As a new wave of aircrew undergoes training, we’ve seen a sharp increase in demand for cover against loss of training expenses. Some great comments from our Senior Underwriter for A&H, Nichola Dunne, in this Insurance Post article by Harry Curtis. Read the full article here: https://lnkd.in/eJcD7GBt #MSAmlin #Aviation #Risk #Insurance #ThoughtLeadership

The European Union passed a regulation that all aircraft operations, both private and commercial, would require certain insurance requirements. These requirements were based on the takeoff mass of the aircraft. We are in part two of a short three-part series about aviation insurance considerations when using our aircraft outside the United States. Tune in to learn more! Listen or watch here: https://lnkd.in/gAgmaRne #aviation #business #aeris #aviationinsurance #internationaltravel #aircraftinsurance #EUregulations #aviationsafety #commercialaviation #privateaviation #insuranceindustry #pilotlife #aviationlovers #flightoperations #aviationpodcast #insurancepodcast #aviationnews #travelinsurance #aircraftoperations 🛫

Today, November 15th 2024, evidenced another very good reason to buy DelayOK.com Why risk the uncertainties of flight disruptions caused by ATC's staff shortages, with no recourse to the airline, when you can have the reassurance of a no-fuss, no-claim, flight disruption product that would have covered that delay? Today's flight disruption would not be an EU 261 claim against the airline but DelayOK.com had it covered! Ryanair apologised to its passengers for the excessive flight delays caused by European Air Traffic Controller's (ATC) staff shortages, which is affecting all European airlines. They stated these repeated flight delays were beyond Ryanair’s control.  #disruption #travel #airtrafficcontrol #airports #passengers #ryanair 

Alongside experienced representatives from airlines, ground handlers, airports, and the aviation/aerospace insurance markets, Bart Banino participated in the IATA Standard Ground Handling Agreement (SGHA) Industry Meeting in Geneva, Switzerland from December 16-17. IATA organized the meeting with the objective of gathering input and feedback from all stakeholders as to the benefits and flaws with Article 8 of the SGHA, which covers liability and indemnity between airlines and ground handlers, and whether the current version continues to be relevant and balanced for parties. During the meeting, Bart presented legal issues and questions relating to the existing IATA SGHA and outlined some of the implications of changing or amending the current SGHA. #AviationLaw #AviationLitigation #IATA #SGHA

A few key takeaways: - Growth is a common theme across aviation industry sectors. Most aviation classes are experiencing continued competition with sufficient capacity across the airline and general aviation insurance markets. - Organizations are continuing to face ongoing challenges including wider macroeconomic risks, supply chain disruptions, and human capital shortages. See the report to learn more. In our latest aviation insurance market overview, our specialists provide insights on the first half of the year and look at what companies may expect for the remainder of 2024. The report offers a holistic overview of factors impacting the airline #insurance, general #aviation insurance, and aerospace insurance markets. Download the H1 overview today. #MarshAviation

Here is an interesting insurance case for everyone: "Miracle on the Hudson" involving US Airways Flight 1549 in 2009. After an emergency landing on the Hudson River due to engine failure, all 155 passengers and crew survived. This incident resulted in a complex insurance claim involving the airline, aircraft manufacturer, and various insurers. It highlighted the importance of comprehensive coverage and insurers' ability to handle unique aviation events effectively. #nowyouknow #themoreyouknow #insurancekeepsyouonyourtoes

Understand the fundamental aspects of aircraft leasing and the critical role of #insurance ✍ Save your spot for our new training with an email to team@sassofia.com > https://lnkd.in/degyqVqJ Which topics will be addressed? ◾ Introduction to Aircraft Insurance Fundamentals ◾ Key Terms and Definitions ◾ Minimum Aircraft Insurance Coverage Requirements and Lessor Naming Requirements ◾ Air Carrier Insurance Regulatory Obligations, Challenges, and Best Practices ◾ of Regulation (EC) No 785/2004 ◾ Aviation Insurance Cost Benefit Analysis & more: https://lnkd.in/dU58TEsK #aviationleasing #aviationtraining

Clarity on Demand is full of amazing content like this, looking at current hot topics as well as providing useful information about coverages available in the aviation sector - don’t miss out on your opportunity to access this amazing content! #wtw #wtwglobalaviationandspace #clarityondemand #aviationinsurance

Another informative piece within Clarity on Demand by Alex Platt and Jared Seth discussing the recent crowd strike incident. Register today https://lnkd.in/g7HukyE4 for a free trial where you can find further information on claims, clauses, news and other aviation industry knowledge pieces. #WTWAviationandSpace hashtag #ProfessionalDevelopment hashtag #Aviation hashtag #RiskManagement hashtag #AviationInsurance hashtag #ASmarterWayToRisk hashtag #Airlines

Don’t miss your opportunity to experience Clarity on Demand, WTW’s aviation insurance knowledge platform. In a new video on our platform, Alex Platt and Jared Seth analyze the impact of the recent CrowdStrike incident on the aviation industry. Discover how you can benefit today: https://ow.ly/1Xcq50SNjCr #WTWAviationandSpace #ProfessionalDevelopment #Aviation #RiskManagement #AviationInsurance #ASmarterWayToRisk #Airlines