Deutsche Lufthansa AG, the German airline, is looking to sell its insurance brokerage unit Albatros and insurance business Delvag, according to people familiar with the matter. The country’s largest carrier is working with advisers to find a buyer for the …
A three-judge panel won`t stop Tennessee officials from taking over Nashville`s airport operations while a lawsuit challenging the recently enacted statute allowing the change moves forward. In a decision handed down Monday, the judges criticized Nashville city leaders for “inexplicably” …
Airlines could end up paying twice as much for insurance they need to protect themselves against losses triggered by war after a bruising year wiped out aviation war insurers’ revenue for 2023, industry sources say. Aircraft were destroyed at Khartoum …
Howden, the London based insurance group, announced it has acquired Hudson Sky International, a specialist aviation broker in Switzerland. This acquisition is part of Howden’s wider strategy to become a leader in its chosen specialty markets, such as aviation, and …
The U.S. National Transportation Safety Board said on Friday it is investigating an engine fire last week on a Boeing BA.N 737-900 MAX plane operated by United Airlines UAL.O at Newark Liberty International Airport in New Jersey. The NTSB said …
A small twin-engine aircraft crashed Saturday near hangars at Tupelo Regional Airport in northeastern Mississippi, killing two people, authorities said. The plane banked sharply after takeoff, witnesses told WCBI-TV, and came down beside the airport’s Army Aviation Support Facility. Video …
Chubb announced it has set up an aviation hub in Singapore to develop further its general aviation and aerospace business. The Singapore aviation hub is part of a strategic regional focus for the aviation team from Chubb Global Markets (CGM), …
A flight instructor and a student pilot died Friday when a small plane crashed at a south Florida airport, Palm Beach County authorities said. The crash at the Palm Beach County Park Airport in Lantana happened shortly after 11 a.m. …
/A U.S. judge on Tuesday ordered Russia’s largest cargo airline to pay aircraft lessor BOC Aviation Ltd. $406.2 million after being declared in default on leases for three Boeing 747-8 freighters following Russia’s invasion of Ukraine. U.S. District Judge Lewis …
A crucial safety system that’s relied on to avoid potentially fatal collisions at major US airports is aging and plagued by outages that have left travelers unprotected for months at a time. At some airports, it hasn’t ever been installed. …
