AIR INSURANCE
May 1st, 2002
BY MARK ROWETHE EUROPEAN Union has given itself until the end of this month (May) to make a crunch decision over whether to further subsidise the future insurance of the continent's airlines in the wake of the terrorist attacks on the World Trade Centre, in New York last September.Following the attacks, commercial insurers pulled out of their agreements with airlines across the world, with underwriters cancelling existing coverage for air industry operators regarding acts of war, hijacking and other related dangers.In a desperate move to keep the airlines afloat, ...
Full access to this article can be arranged with permission from the client that first ordered it. Please contact us to request access. Entries are uploaded to our archive at least one year after being published by a client – free access is restricted to International News Services journalists for background research only. The article date indicates when copy was filed to a client, not when posted to this archive. Upon client requests, International News Services will remove such articles from the archive or not upload them in the first place. They are included to demonstrate the breadth of topics undertaken by the agency and also to help promote clients’ coverage.