Fatal accidents involving airliners are thankfully rare events, so a trio of high-profile losses within a few weeks - including a collision over Washington, DC - naturally drew attention.
As this publication reported shortly after the plane crashed on 29 December, the hull of the aircraft is insured for $41.5mn, which includes $5mn total loss only coverage. Insurance Insider revealed that Axa XL leads the cover with a 15% line on the Gallagher-placed all-risk reinsurance programme.
A FedEx cargo plane made an emergency landing back to Newark Liberty International Airport in New Jersey on Saturday morning after a bird strike caused one of its engines to catch fire, according to officials.
A Jin Air Boeing 737-800 has finally departed Muan Airport in South Korea after being trapped for 50 days following the Jeju Air accident.
With air accident records showing that 2024 was the deadliest year for air disasters since 2018, experts shed light on the safety of flying
Last month, officials produced bombshell DNA evidence while investigating the horrifying Jeju Air disaster - in which 181 people died when a Boeing 737-800 plane crashed into a wall at Muan International Airport in December. The preliminary report released ...
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