Press Release: Air transport insurance after 11 september: European Commission authorises an extra month of emergency state aid

The European Commission agreed on 28 May 2002 that Member States could continue to provide emergency state insurance cover to companies in the air transport industry for a further month, up to 30 June 2002. This will give governments and industry an additionnal period of time to finalise a stable, cost-effective and fair response to the difficulties the industry has faced in securing sufficient insurance cover since the attacks of 11 September 2001.