PASSENGER AND CARGO INSURANCE IN AIR TRANSPORT

Abstract

The aim of this work is analysis of responsibility and insurance of carriers and aircraft operators to their passengers, baggage, cargo and third parties. The first part describes the theoretical basis for undestanding aviation insurance and categorizing the types of risks and insurance. The next section is accentuate on analysis risks and insurance of carriers. This analysis gives the readers a picture of the rates and minimum amounts of insurance, which are prescribed by the international conventions and regulations of the European Union. The main contribution of this work is to summarize and evaluate the obligation to insure risks of the two selected airlines – Czech Airlines and Opera Jet.