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Aerospace & Aviation

Managing and Insuring Airline Industry Risk in Turbulent Times
Airlines continue to face big challenges. But risk doesn’t have to ground the industry

The last thing the airline industry wants is a bumpy ride. But that's exactly what's happened in the last decade, as the airline insurance market has experienced major turbulence. In the immediate aftermath of 9/11, for example, the prices of both hull and liability insurance climbed to unprecedented heights. Then they began to freefall. And in 2006 and 2007, the market plummeted.

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