Two-tier Liability System
In the context of aviation, the Two-tier Liability System refers to a legal framework that governs the financial responsibility of airlines in the event of accidents, particularly those resulting in passenger injuries or fatalities. The system is structured in two levels or 'tiers'. The first tier imposes a strict liability on the carrier, meaning the airline is automatically held responsible for a certain amount of damages, regardless of whether they were at fault. This amount is usually defined by international aviation agreements, such as the Montreal Convention. The second tier of liability applies if damages exceed the limit set in the first tier. In this case, the carrier is liable for the excess amount only if negligence on their part can be proven. This system is designed to ensure that victims receive compensation quickly and without the need for lengthy court proceedings, while also protecting airlines from unlimited liability.
Your Previous Searches
Random Picks
- Aircraft Securitization: Aircraft Securitization is a financial structure in the aviation industry where the cash flows generated by a portfolio of aircraft leases are used to support the issuance of new securities. It is a method of raising capital by transferring ... Read More >>
- Control Zone: A Control zone (CTR) is a designated airspace surrounding an airport within which air traffic control service is provided. The primary function of a CTR is to prevent collisions between aircraft operating in the vicinity of an airport and t ... Read More >>
- Fuel-efficient Engines: Fuel-efficient engines are those that consume less fuel to produce the same amount of power as compared to their less efficient counterparts. In aviation, fuel-efficient engines are highly desirable as they help reduce the overall fuel cons ... Read More >>
Top News
Big Ten College Basketball Games: Live Stream and TV Channel Info for November 2...
Big Ten teams are on Friday’s college basketball schedule in seven games, including the Iowa Hawkeyes playing the Utah State Aggies.Check out: USA TODAY Sports Coaches PollHow to watch Big Te…...
News Source: USA Today on 2024-11-21
Former Dallas police officer Amber Guyger ordered to pay nearly $100 million in ...
Guyger was convicted six years ago of shooting and killing Jean in his apartment, which she said she thought was her own....
News Source: CBS News on 2024-11-21
Passengers duct tape man who allegedly tried to open door during flight: Officia...
A group of passengers sprung into action after a man allegedly tried to open the cabin door mid-flight during a trip to Dallas, officials said....
News Source: ABC News on 2024-11-20
At least 150 people killed over past week in Haiti’s Port-au-Prince: UN...
UN official warns millions of Haitians 'being held hostage' amid surge in gang-related violence in Haitian capital....
News Source: Al Jazeera English on 2024-11-20
American Airlines expands its crackdown on line cutters | CNN...
American Airlines is expanding its new boarding technology that stops passengers from cutting in line during boarding to over 100 airports nationwide before Thanksgiving....
News Source: CNN on 2024-11-20