Airport Insurance

Question 1

Who is responsible for public safety and the safety of aircraft operating within the airport domain?

Answer 1

The Airport Operator

Question 2

Can an airport be held liable for services and products sold by tenants of the airport, or by actions of airport tenants?

Answer 2

Yes

Question 3

Please describe some strategies for mitigating insurance-related risks:

Answer 3

1. Compliance with requirements and standards as
   specified in Part 139;
2. Conducting regular training and compliance with TSA
   and FAA regulations and standards;
3. Conducting yearly or semi-annual risk analysis
   programs;
4. Conducting daily inspection programs;
5. Conducting an evaluation for qualifying and screening
   new and existing employees for potential safety and
   security issues; and, routinely evaluate and train
   employees for enhanced safety and security related
   performance objectives;
6. Maintenance of thorough, timely, and accurate
   information sources along with dissemination
   processes;
7. Obtain “blanket” insurance policy provisions for all
   stakeholders to the airport and require similar insurance
   from those stakeholders that may contract or serve the
   airport; and
8. Development of environmental policies and follow
   environmental rules and standards from governing
   agencies.