[Federal Register Volume 66, Number 212 (Thursday, November 1, 2001)]
[Notices]
[Pages 55237-55238]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 01-27475]


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DEPARTMENT OF TRANSPORTATION

Federal Aviation Administration


Aviation Insurance Incremental Premium Reimbursement

AGENCY: Federal Aviation Administration (FAA), DOT.

ACTION: Notice.

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SUMMARY: The Air Transportation System Safety and Stabilization Act of 
September 22, 2001 authorized the FAA to reimburse qualifying air 
carriers for the difference in insurance premiums paid as a result of 
increases resulting from the premium increases experienced after the 
September 11 New York City terrorists attacks. The FAA will provide 
stabilizing reimbursement payments to aid the carrier's financial 
recovery. The FAA is publishing the contents of a letter it has 
distributed and notice of the internet web access which explains the 
process for a carrier to apply for reimbursement.

FOR FURTHER INFORMATION CONTACT: Ms. Nan Shellabarger, Office of 
Aviation Policy and Plans, APO-2, Federal Aviation Administration, 800 
Independence Ave., SW., Washington, DC 20591, telephone: (202) 267-
3275.

SUPPLEMENTARY INFORMATION: Pursuant to section 201(b)(1) of the Air 
Transportation System Safety and Stabilization Act, (Pub. L. No. 107-
42, 115 Stat. 230, Sept. 22, 2001), the Federal Aviation 
Administration's Aviation Insurance Program hereby offers to partially 
reimburse your company for the increases in the war risk insurance 
premiums above that paid by your company for comparable operations 
during the period beginning on September 4, 2001, and ending on 
September 10, 2001. This offer is subject to final funding 
availability.
    The attached letter and application can also be viewed on the web 
at: 
http://api/hq.faa.gov/911/policies/inscover.html.

    Issued in Washington, DC, on October 29, 2001.
John M. Rodgers,
Director, Office of Aviation Policy and Plans.
Date: October 26, 2001
TO: U.S. Air Carriers

Aviation Insurance Incremental Premium Reimbursement

    Dear Air Carrier Insurance Representative: Pursuant to section 
201(b)(1) of the Air Transportation System Safety and Stabilization 
Act, (Pub. L. No. 107-42, 115 Stat. 230, Sept. 22, 2001), the 
Federal Aviation Administration's Aviation Insurance Program hereby 
offers to partially reimburse your company for the increases in the 
war risk insurance premiums above that

[[Page 55238]]

paid by your company for comparable operations during the period 
beginning on September 4, 2001, and ending on September 10, 2001. 
This offer is subject to final funding availability.
    This reimbursement will only cover premium increases--
    (a) for coverage against loss or damage arising out of war risks 
from the operation of an ``American aircraft,'' as that term is 
defined at 49 USC 44301(1); and
    (b) for the thirty-day period beginning at 12:01 a.m. on the day 
following the cancellation of the war risk insurance that was in 
effect for your company on September 11, 2001, and ending at 12:00 
midnight on the thirtieth day following.
    To request this reimbursement, follow the instructions below. 
You must submit your request for reimbursement with appropriate 
documentation for receipt by the FAA by close of business November 
2, 2001, to be eligible for this reimbursement. Fax or e-mail 
requests are allowed, but must be followed by original documents 
sent via express courier or mail.
    A final determination of the amount of payment for reimbursement 
will be made by the FAA after November 2 when all applications for 
reimbursement shall have been received and the sum of requests for 
reimbursement is known. The amount of reimbursement will be pro-
rated based on the availability of funds for this purpose in the 
Aviation Insurance Revolving Fund. Additional payments may be made 
from the Revolving Fund as additional amounts become available from 
the ``2001 Emergency Supplemental Appropriations Act for Recovery 
from and Response to Terrorist Attacks on the United States''.

Instructions for Application for Reimbursement

    1. Complete the attached invoice with the following information.
    A. Airline Name.
    B. FAA Reference Number--R-AI-02-[use your two digit airline 
code].
    C. Taxpayer Identification Number.
    D. Company Invoice Number. This is your company's invoice number 
issued to FAA.
    E. (1) Enter the dates for the thirty-day period beginning at 
12:01 a.m. on the day following the cancellation of the war risk 
insurance that was in effect for your company on September 11, 2001, 
and ending at 12 midnight on the thirtieth day following.
    (2) Amount--Enter the pro-rata average daily premium information 
for the two time periods as requested, calculate the difference and 
multiply by 30 to reach the total: Round to the nearest whole 
dollar: $000,000.
    F. Electronic fund transfer information for your bank account 
for FAA's deposit.

(1) Bank name
(2) Bank address
(3) Bank ABA routing number
(4) Account Name
(5) Account Number

    G. Fleet Certification--Fill in the correct percent (%) of 
``American aircraft'' in your fleet as defined at 49 USC 44301(1). 
(See Frequently Asked Questions for definition)
    H. Statement of Certification--By signing on line I (below this 
statement) you are certifying the invoiced amount is accurate under 
penalty of 18 USC 1001.
    I. Signature of appropriate corporate official.
    2. Supply us with the name, phone number, and e-mail address of 
the appropriate person(s) to contact if we have specific questions 
about the invoice.
    3. Provide a copy of your FAA air carrier certificate.
    4. Provide a copy of your insurance company's invoice showing 
the insurance premium for war risk hull and/or liability that was in 
effect for comparable operations during the period beginning 
September 4, 2001, and ending September 10, 2001.
    5. Provide a copy of your insurance company's invoice showing 
the insurance premium increase for war risk after September 11, 
2001.
    If your company's invoices are not consistent with our request, 
provide a written statement from your insurer as to the war risk 
premium(s) prior to September 11, 2001 and premium(s) after 
September 11, 2001 on a pro-rata daily basis and calculate the 
difference.

Return of Documents

    Please respond to this letter by e-mail or fax to the Aviation 
Insurance representative assigned to your company at (202) 267-3324 
or (202) 267-5370 or (202) 267-3278. (If you have not yet had a 
representative assigned to your company, email to [email protected], or fax to one of the above numbers.) 
Follow the electronic response by sending the original invoice to 
FAA at the address below. (As of this writing, U.S. mail delivery in 
the Washington, DC area is disrupted, so you may wish to use a 
private service.)

Federal Aviation Administrator, Attn: [insurance representative's 
name], Aviation Insurance, APO-3 (Room 939), 800 Independence Ave., 
SW., Washington, DC 20591

    Your request for reimbursement will be reviewed promptly by the 
Aviation Insurance Program staff. We anticipate that your 
reimbursement will be issued within four to six weeks of receipt of 
your e-mail or fax request. Please contact your Aviation Insurance 
representative with any questions you may have regarding the 
documentation required or the status of your reimbursement.

      Sincerely,

John M. Rodgers,
Director of Aviation Policy and Plans.

Application for Incremental War Risk Insurance Premium Reimbursement.

To: Aviation Insurance Department, APO-3, Federal Aviation 
Administration, 800 Independence Avenue, SW, Room 939, Washington, 
DC 20591

A: Airline Name--------------------------------------------------------
B: FAA Reference Number:
R-AI-02 ____ (two digit airline code)
C: Taxpayer Identification Number--------------------------------------
D: Company Invoice Number----------------------------------------------
E1: Charges for incremental war risk premium reimbursement, covering
period____________, 2001 through ____________, 2001 (not to exceed 
30 days)
E2:

War Risk Premium Prior to Sept. 11, 2001

Avg Daily Rate

Hull $-----------------------------------------------------------------
Liability $------------------------------------------------------------
Total $----------------------------------------------------------------

War Risk Premium After Sept. 11, 2001

Avg Daily Rate

Hull $-----------------------------------------------------------------
Liability $------------------------------------------------------------
Total $----------------------------------------------------------------

Difference

Avg Daily Rate

Hull $-----------------------------------------------------------------
Liability $------------------------------------------------------------
Total $----------------------------------------------------------------

Total Difference Multiplied by 30 days

Total 30 Day Premium Reimbursement Request $____________ (Round to 
nearest whole dollar)

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F 1: Bank Name
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F 2: Bank Address
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F 3: Bank ABA routing number
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F 4: Account Name
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F 5: Account Number
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G: I certify that the percentage of ``American aircraft'' as defined 
at 49 U.S.C. 44301(1) covered by the insurance for which premium 
reimbursement is requested is ____________%
(100% or some lessor number)
H: I certify that the forgoing charges are true and correct and that 
payment therefore has not yet been received for such charges from 
the Federal Aviation Administration. The information supplied in 
this certification subjects the affirmant to the provisions of 18 
USC 1001.
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I: Signed: Name and title of certifying corporate official

[FR Doc. 01-27475 Filed 10-31-01; 8:45 am]
BILLING CODE 4910-13-M