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As light aircraft owners are aware, premiums have been on the rise in recent years, with most seeing anything from modest to significant increases. This article explains what is driving these increases and why they have been necessary to ensure that owners are properly protected in the event of damage to their aircraft.
Whether for business or pleasure, pilots love flying. When threatening storm clouds appear on the horizon, special precautions become necessary. Because aircraft are designed to utilize airflow to produce the lift that keeps them airborne, they are at the mercy of strong winds.
When veteran astronauts Bob Behnken and Doug Hurley set out for the International Space Station (ISS) from NASA’s Kennedy Space Center aboard SpaceX’s Crew Dragon capsule in late May, it was more than just a successful launch and flawless docking. The first mission to take astronauts to space from American soil in nearly a decade was also the first by a private space company to take humans to the ISS.
Two stakeholders whose collaboration plays a major role in aviation safety are operators and fixed base operators (FBOs). Effective communication between these groups can help minimize risk and maximize the…
It is hard to read an aviation journal these days without being left with the distinct impression that electric power plants and autonomy are poised to become ubiquitous in aviation….
Few industries stand to benefit more from the efficient and effective sharing of data among colleagues than aviation does. Aviation companies use highly complex systems, and failure to learn from…
The space market has been very competitive over the last 15 years and we have seen a dramatic fall in premium rates.
Aviation is an industry that hires, trains and supports some of the brightest, most skilled and dedicated people working today. It has to, in order to ensure that aircraft meet all safety requirements and flight departments continue to operate efficiently and effectively. That’s why there’s growing concern about the state of the aviation talent pool.
The commercial air transport industry is experiencing an unprecedented level of long-term AOG (Aircraft on Ground) issues resulting from mandated groundings and multiple Airworthiness Directive (AD) regimes, affecting both variant and new type power plants. To understand the reasons behind this, we need to consider where the industry is in terms of the large transport aircraft development cycle.
In recent years, western economies have enjoyed incredibly low levels of price inflation overall. Certain costs have bucked the trend, however, as you will know very well if you have tried renting an apartment in London or San Francisco. Another of these “outliers” appears to be the cost of repairing aircraft hull damage. So, how big is the problem and what are its causes?