Our Obsession With Flight
Global Aerospace was formed from the merger of two leading specialist aerospace insurance pools with roots going back to the 1920s, making us an industry pioneer and the most experienced provider in our sector.
British Aviation Insurance Group (BAIG) is founded in Great Britain.
Associated Aviation Underwriters (AAU) is founded by large U.S. insurers Chubb & Son and The Continental Corporation.
BAIG is formed into a new company, the British Aviation Insurance Company. Captain Lamplugh led as its chief underwriter and principal surveyor.
The Hindenburg, the famous German dirigible, is destroyed by fire while landing at Lakehurst, NJ. 36 people lost their lives.
Robert M. Stanley flied first U.S. jet plane, Bell XP-59 Airacomet, at Muroc. Calif.
The Russians launch Sputnik I, the first artificial earth satellite.
Pioneer 4: First successful U.S. flyby of the Moon.
Friendship 7, Astronaut John Glenn Jr. becomes the first American to orbit the Earth.
Jerrie Mock is the first woman to pilot a plane around the world successfully.
Neil Armstrong walks on the Moon.
Bryan Allen, who helped develop first successful human-powered aircraft with Paul MacCready in 1977, pedals chain-driven Gossamer Albatross across English Channel.
Voyager, piloted by Dick Rutan and Jeana Yeager, is the first craft to fly around the world without refueling.
Bertrand Piccard and Brian Jones lift off from the Swiss alpine village of Chateau d’Oex in the Breitling Orbiter 3 balloon. After a 46,759-mile balloon flight which lasted 19 days, 21 hours and 55 minutes, the balloon achieves a non-stop round the world balloon flight.
The world celebrates 100 years of flight.
Aviation’s Rapid Post-War Expansion
Following WWII, civil aviation expanded dramatically over the course of several decades, including with the development of the airline industry.
Throughout, BAIC and AAU played a central role as leading underwriters, delivering the technological innovations and increased limits of cover demanded by the market.
1958: Pioneer 1: NASA’s first launch.
1960: Neil Armstrong with the North America X-15.
Global Aerospace Is Born
As aviation became increasingly globalized, the industry needed a fresh approach with a broader and more international perspective. To address that need, BAIG and AAU merged in 2001 to form Global Aerospace.
Today, Global has offices in several countries and is the aviation insurance provider of choice for discerning aircraft owners and operators worldwide.