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War risk insurance to drop on domestic routes

War risk insurance to drop on domestic routes

The Civil Aeronautics Administration under the Ministry of Transportation and Communications announced yesterday that war risk insurance surcharges for air passengers on domestic routes will drop beginning January 1, 2008.
The CAA, however, said that the suspension of the surcharges, which are to reflect decreased war risk insurance premiums charged by international insurance companies, will only apply to domestic airlines.
Currently, there is an NT$40 war risk insurance surcharge per passenger on domestic routes and a US$1.50 surcharge per passenger on international flights, the CAA said. For international cargo routes, an NT$0.60 and a US$1.60 war risk insurance surcharge per kilometer of cargo is charged according to destination, the CAA said.
For a one-way flight from Taipei to Kaohsiung after the NT$40 war risk insurance surcharge is dropped, TransAsia Airways will charge NT$1,090, Far Eastern Air Transport and UNI Air will charge NT$1,200 each, and Mandarin Airlines will charge NT$1,240.
Passengers who have purchased air tickets that include the surcharges for flights scheduled on or after January 1, 2008 can request a refund for the surcharge at airline counters, the CAA said.
After the 9-11 attacks, international insurance companies increased war risk insurance premiums, prompting the MOTC to approve domestic passenger and cargo airlines to add war risk insurance surcharges to their airfares beginning October 1, 2001.


Updated : 2021-08-05 21:52 GMT+08:00