Business
Regulatory Agency Vows To Sanction Erring Airlines Over Insurance
The Aviation regulatory agency, Nigeria Civil Aviation Authority (NCAA) has vowed to sanction airlines and allied services providers that fail to maintain adequate insurance coverage for their aircraft and other aviation equipment.
According to the NCAA, it was mandatory for all airline operators and other allied service providers to comply with the Nigerian Civil Aviation Regulations (Nig. CARs) of 2022.
NCAA in a letter referenced NCAA/DG/AIR/11/16/369, dated August 11, 2023, stated that compliance entails maintaining adequate and valid insurance cover, submitting copies of valid insurance certificate to the authority, and evidence of payment of premium and other policy documents of insurance cover of not less than three months.
The letter, made available to aviation correspondents, was addressed to all airlines and allied aviation services providers, and was signed by the Director General, NCAA, Captain Musa Nuhu.
According to the NCAA, the compliance is sequel to the coming into force of Nig. CARs 2022 on July 10, 2023.
The agency maintained that the regulations make it mandatory for all airlines to comply with Part 18.14.1.1 of the Regulations.
“Specifically, Part 18.14.1.1 of the regulations provides, amongst others, that all airlines and other allied aviation service providers must NOT operate without: Adequate and valid insurance cover.
“The Operators and service providers must submit to the authority copies of valid insurance certificate, evidence of payment of premium and other policy documents of insurance cover of not less than three (3) months as specified in IS: 18.14.1.1.
“It is important to have an insurance document which must be adequate and renewed before the expiration of the current policy and be submitted to the NCAA as soon as it is renewed”, the letter explained.
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