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[Federal Register: December 30, 2008 (Volume 73, Number 250)]
[Presidential Documents]               
[Page 79589-79590]
From the Federal Register Online via GPO Access [wais.access.gpo.gov]
[DOCID:fr30de08-179]                         

                        Presidential Documents 

___________________________________________________________________

Title 3--
The President

[[Page 79589]]

                Memorandum of December 23, 2008

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

                Memorandum for the Secretary of Transportation

                By the authority vested in me as President by the 
                Constitution and laws of the United States including 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 
                (Secretary) 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 March 31, 2009;

(b) After March 31, 2009, but no later than August 31, 2009, when the 
Secretary 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.

                3. Delegate to the Secretary the authority, vested in 
                me by 49 U.S.C. 44306(c), to extend this determination 
                for additional periods beyond March 31, 2009, but no 
                later than August 31, 2009, when the Secretary 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.

[[Page 79590]]

                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.
                
                
                    (Presidential Sig.)

                THE WHITE HOUSE,

                    Washington, December 23, 2008

[FR Doc. E8-31140
Filed 12-29-08; 8:45 am]

Billing code 4910-62-M

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