Introduction to Aviation Insurance and Risk Management, Second Edition
Introduction to Aviation Insurance and Risk Management, Second Edition
Revisions and additions make the second edition an even better teaching and learning tool of the basic principles of insurance and risk with their special application to the aviation industry. A foundation of general knowledge is provided in a subject matter that plays a significant role in any aviation-related business. A number of the chapters have been completely updated to reflect the many industry, market, and legislative changes during the 1900s. The chapter on hull and liability contracts includes “Insurance Considerations for Business Aircraft Owners.” This new section covers insurance requirements for companies operating aircraft under various arrangements including joint ownership, interchange agreement, time-sharing agreement, exclusive dry lease, management company, and fractional ownership. Appendixes include current aviation policies, endorsements, and applications as well as self-tests. College students, corporate pilots or fixed base operators, and individuals in the insurance business will gain a broad understanding of insurance and risk management applicable to the aviation enterprise.
User Ratings and Reviews
4 Stars Alexander Wells is Without Peer in his Knowledge
Anyone who has read any of Alexander Well’s texts on the aviation industry knows that he is without peer in his knowledge of the management and operations of the airline industry. He teaches what I believe is still the only course on airline management at any college in the nation and is highly respected for his work.
In this volume, he focuses specifically on the problems of risk and insurance as it applies to the airline industry. Although the book is relatively new, published in 2000, given the events in the industry in the past few years it may already be ripe for a revision. Regardless, the text provides a broad, yet concise, understanding of insurance and risk management as it applies to the aviation industry, both commerical and otherwise.
This book should be required reading for anyone considering a career in aviation management or working in the insurance industry with airlines.
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