, India

Air India halts flight to Moscow over insurance concerns

Its new contract prohibits its aircraft from landing and taking off in Russia and Ukraine.

Air India has suspended its twice-weekly Delhi-Moscow nonstop flight since 1 April because its new insurance contract prohibits its aircraft from landing in and taking off from Russia and Ukraine, according to a report by the Times of India.

The last Delhi-Moscow-Delhi flight by Air India was on 31 March. The airline's plan to introduce a Mumbai-Moscow flight was shelved for now.

Air India renews its insurance for its flights and aircraft every financial year beginning 1 April. It typically buys insurance from New India Assurance, National Insurance Company, Oriental Insurance Company and the United India Insurance Company with covers underwritten by international companies.
 

Follow the link for more news on

Join Insurance Asia community
Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!

Exclusives

Top three things killing the insurance industry
Thanks to these threats, 54% of insurers had an ROE below their cost of equity.
Insurance
How Emma transforms AXA Mandiri's digital strategies
Emma is an all-in-one digital platform that meets the customers' needs, from purchasing an insurance policy to booking gym classes.
Insurance