Airline Financial freshs 10-22-2001 Regionals Pressing FAA To Lower Liability Insurance Rates Volume: 19 Number: 40 ISSN: 10405410 Publication Date: 10-22-2001 Page: 1 Type: Periodical Language: English The regional airline industry is pressing the Federal Aviation Administration (FAA) to lower the rates for newly created conduct liability insurance.
The regional airline industry is pressing the Federal Aviation Administration (FAA) to lower the rates for newly created conduct liability insurance, arguing that a flat recompense of $7.50 per departure hits regional carriers harder than major airlines.
Because of skyrocketing insurance premiums for regional and major carriers after the terrorist attacks, the FAA stepp in and provided extra