LIABILITY IN THE INSURANCE OF AIR TRANSPORT RISKS: A COMPARATIVE STUDY
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Abstract
With the advent of air transport, its importance has increased due to its brisk activity and high efficiency. This study addresses a very important issue, namely aviation liability insurance, especially in light of the increasing number of aircraft accidents and the deterioration of compensation claims associated with a decline in confidence and safety. The study relies on an analytical-descriptive approach to highlight the most important aspects of this topic. In addition, a comparative methodology is applied and the position of the international conventions regulating air transport in relation to air transport insurance coverage is examined. It is found that liability insurance is one of the most important guarantees for airline liability and the protection of passengers and victims in general, as it serves as an important mechanism for the compensatory protection of victims. The sums insured are within the limits of liability established by law.
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