WASHINGTON--Federal officials said the program providing terrorism insurance coverage to domestic airlines has been extended by administrative action for the first eight months of this year.
Henry Price, a spokesperson for the Federal Aviation Administration, confirmed that late last month the Aviation War Risk Insurance Program was extended through Aug. 31. It had been due to expire Dec.31, 2006.
The extension by administrative action was permitted under the legislation which expanded the war risk program protecting domestic flights from uninsurable risks.
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