Provision of Aviation Insurance Coverage for Commercial Air Carrier Service in Domestic and International Operations, 76669 [05-24599]

Download as PDF Federal Register / Vol. 70, No. 247 / Tuesday, December 27, 2005 / Presidential Documents 76669 Presidential Documents Memorandum of December 22, 2005 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 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. W THE WHITE HOUSE, Washington, December 22, 2005. [FR Doc. 05–24599 Filed 12–23–05; 12:29 pm] wwhite on PROD1PC61 with FRO1 Billing code 4910–62–P VerDate Aug<31>2005 18:53 Dec 23, 2005 Jkt 208001 PO 00000 Frm 00001 Fmt 4790 Sfmt 4790 E:\FR\FM\27DEO1.SGM 27DEO1

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[Federal Register Volume 70, Number 247 (Tuesday, December 27, 2005)]
[Presidential Documents]
[Page 76669]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 05-24599]




                        Presidential Documents 



Federal Register / Vol. 70, No. 247 / Tuesday, December 27, 2005 / 
Presidential Documents

[[Page 76669]]


                Memorandum of December 22, 2005

                
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 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.

                    (Presidential Sig.)B

                THE WHITE HOUSE,

                    Washington, December 22, 2005.

[FR Doc. 05-24599
Filed 12-23-05; 12:29 pm]
Billing code 4910-62-P