Wednesday, September 25 2024 17:30
Alexandr Avanesov

Minimum insurance requirements for passengers, flight and service  personnel to be established for all air carriers in Armenia

Minimum insurance requirements for passengers, flight and service  personnel to be established for all air carriers in Armenia

ArmInfo.Minimum requirements for insuraring passengers, flight crew and service personnel will be established for all air carriers and aircraft operators in Armenia.  

The draft of the relevant law has been  submitted for discussion on the e-draft.am website.  If adopted by  the National Assembly of the Republic of Armenia, the law will apply  to all air carriers and aircraft operators operating flights within  the territory of the Republic of Armenia, outside the territory of  the Republic of Armenia and through the territory of the Republic of  Armenia. The provisions of this law shall not apply to state  aircraft, aircraft with a maximum take-off weight of less than 20  kilograms, hang gliders, hot air balloons, helicopters and  ultra-light aircraft used for domestic flight training that do not  involve crossing international borders. The document introduces such  concepts as air carrier, aircraft operator, third party, passenger,  and commercial  transport.

Insurance of air carriers and aircraft operators will be carried out  in terms of special aviation liability to passengers, flight and  maintenance personnel, baggage, cargo and third parties. Insurance  risks include military operations, terrorism, hijacking of aircraft,  sabotage operations, illegal seizure of aircraft and civil unrest.  Air carriers and aircraft operators will be required to ensure that  insurance cover is in place for each flight, regardless of whether  the aircraft they operate is under their ownership or under any lease  agreement, joint operation or complex business authorization  (franchising), usage codes or any other similar agreement. Air  carriers, and, if necessary, aircraft operators, prove compliance  with the insurance requirements  by submitting the  insurance  certificate or other evidence of valid insurance to the competent  authorities of the Republic of Armenia. In exceptional cases of  failure of the insurance market, the Government of the Republic of  Armenia may establish temporary special provisions for the  application of the liability insurance system. The minimum passenger  liability insurance coverage, except for non- commercial  transportation by aircraft of 2,700 kg or less, is at least 250,000  SDRs (Special Drawing Rights) per passenger. 

The minimum insurance cover for flight and maintenance personnel  liability, except for non-commercial transport by aircraft of 2,700  kg or less, is at least 250,000 SDRs per member.  The minimum  insurance coverage for non-commercial carriage by aircraft of 2,700  kg or less GVW is at least 100,000 SDRs per passenger.  The minimum  insurance coverage for baggage liability is 1288 SDRs per passenger  in the scope of commercial transportation. The minimum insurance  coverage for cargo liability is 22 SDRs per kilogram in commercial  transportation. 

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