[Federal Register: September 25, 2001 (Volume 66, Number 186)]
[Presidential Documents]               
[Page 49073-49075]
From the Federal Register Online via GPO Access [wais.access.gpo.gov]
[DOCID:fr25se01-130]                         


[[Page 49073]]

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Part III





The President





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Presidential Determination No. 01-29 of September 23, 2001--Provision 
of Aviation Insurance Coverage for Commercial Air Carrier Service in 
Domestic and International Operations


                        Presidential Documents 




___________________________________________________________________

Title 3--
The President

[[Page 49075]]

                Presidential Determination No. 01-29 of September 23, 
                2001

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

                Memorandum for the Secretary of Transportation

                By virtue of 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 to U.S.-
flag air carriers against loss or damage arising out of any risk from the 
operation of an aircraft, and/or reimbursement of insurance cost increases, 
in the manner and to the extent provided in Chapter 443 of 49 U.S.C., 
whenever he determines that such insurance 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(b), to extend this determination for additional 60-day 
periods, 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, September 23, 2001

[FR Doc. 01-24179
Filed 9-24-01; 12:01 pm]
Billing code 4910-62-P