Tag: Aviation

Passenger Rights come to Asia: an overview of the Malaysian Aviation Consumer Protection Code 2015

Clyde & Co LLP Malaysia March 3 2017 The Malaysian Aviation Commission (“the Commission”), an independent adviser to the Malaysian Ministry of Transport, recently established the Malaysian Aviation Consumer Protection Code 2015 (“the Code”) to protect passengers’ rights in Malaysia. The…

The missing Malaysia Airlines flight MH370 | the search continues

6 months later, the search for missing Malaysia Airlines flight 370 continues…. I thought this writeup By David Fickling, at Bloomberg | September 11, 2014 was interesting and worthy of a repeat here, which highlighted the numerous developments and the many difficulties encountered

MH370 Insurance settlement for loss of airplane

This is the latest development in regards to the insurance settlement of the loss of jet plane, Boeing 777 – 200ER. We understood from the market that the jet (also referred to as the Hull in the insurance sense) is insured on a Hull All Risks basis for USD100 million, which usually is on an agreed value basis. Of course, in addition to this Hull’s sum assured there are others, like legal liability to third-party including passengers, personal injury, medical related expenses, cargo and mail legal liability, baggage & personal effects, premises, hangar-keeper & product liability. … all of these categories are subject to a combined single limit, which we think should be in the region of USD420 million. In addition too Hull War risks are covered to an agreed value similar to the Hull value, i.e. USD100 million. To sum all these sum assureds up, we should get:

Scammers Riding On The AirAsia Brand | AirAsia Insurance

Air Asia Travel Insurance

Nowadays everyone rides on a successful brand, and this one is about AirAsia where the scammer has categorically stated that you have won a particular lottery draw and you have to provide them with the relevant information as being depicted…

A Boeing 747-400 JOY-RIDE that can be explosive to your Excess of Loss Protection!

1st May 2010 morning did provide some heart-troubling scenes for those who were within the Golden Triangle location to witness. Morons made moronic decision – just because those pilots were senior and experienced crew, with each having clocked over 10,000 flying…

Aviation Insurance….. We pay! Please don’t bother to take off…

TRYING A HAND ON MICRO-BLOGGING… 😎 In an Aviation meeting yesterday, we drifted into a question of an emergency landing situation where the pilot of an ATR plane did a forced landing onto a nearby island runway. After the successful…

Are you insuring any foreign registered aircraft?

In Malaysia, foreign registered aircraft can be used only for private purposes, ie. company staff and families. The aircraft cannot be used for hire because the rules said, the aircraft should only be operating where they are registered. Thus if…