Text 1928, 53 rader
Skriven 2005-12-22 23:32:40 av Whitehouse Press (1:3634/12.0)
Ärende: Press Release (051222c) for Thu, 2005 Dec 22
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Memorandum for the Secretary of Transportation
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For Immediate Release
Office of the Press Secretary
December 22, 2005

Memorandum for the Secretary of Transportation



SUBJECT: Provision of Aviation Insurance Coverage for Commercial Air
Carrier Service in Domestic and International Operations

By the authority vested in me by 49 U.S.C. 44302, et seq., I hereby:

1. determine that continuation of U.S.-flag commercial air service is
necessary in the interest of air commerce, national security, and the
foreign policy of the United States.

2. approve provision by the Secretary of Transportation of insurance or
reinsurance to U.S.-flag air carriers against loss or damage arising out of
any risk from the operation of an aircraft in the manner and to the extent
provided in Chapter 443 of 49 U.S.C.:

(a) until August 31, 2006;

(b) after August 31, 2006, but no later than December 31, 2006, when he
determines that such insurance or reinsurance cannot be obtained on
reasonable terms and conditions from any company authorized to conduct an
insurance business in a State of the United States; and

3. delegate to the Secretary of Transportation the authority, vested in me
by 49 U.S.C. 44306(c), to extend this determination for additional periods
beyond August 31, 2006, but no later than December 31, 2006, when he finds
that the continued operation of aircraft to be insured or reinsured is
necessary in the interest of air commerce or the national security, or to
carry out the foreign policy of the United States Government.

You are directed to bring this determination immediately to the attention
of all air carriers within the meaning of 49 U.S.C. 40102(2), and to
arrange for its publication in the Federal Register.

GEORGE W. BUSH

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