Charter Revenue Protection

Charter Revenue Protection (CRP) is an industry-first aircraft business income insurance program that reimburses an aircraft owner and operator for loss of expected charter revenue.

 

Designed exclusively for the  individual aircraft owner, and/or the aircraft operator with exclusive control under a FAR Part 135 charter certificate, CRP offers reimbursement of expected charter revenue due to the cancellation of a scheduled charter as a result of unscheduled maintenance or mechanical breakdown.

 

When the insured aircraft cannot complete or initiate a scheduled charter because it has been withdrawn from service, CRP engages to directly reimburse the aircraft owner or operator for a pre-agreed level of indemnity

Who Is Protected?

 

Individual aircraft owners and FAR 135 charter operators of fixed and rotor wing turbine aircrafts, which are contracted at an established hourly rate

 

Aircraft management companies

Problem Solved

 

An insureds aircraft was scheduled for a multi-leg charter departing London. The aircraft experienced an avionics issue and was withdrawn from service and unable to initiate the charter. Working with the aircraft owner and management company, CRP reimbursed the owner.

Quote Request - 1-386-767-1200

** Aviation insurance and related insurance products serviced and available via SterlingRisk of Florida, Aviation Division.

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Contact Flight Support Group

Phone: 1-386-767-1200

Email: Info@FlightSupportGroup.com

 

Address:

100 Starport Way

Sanford, FL 32773