MANILA, Philippines - A Bulacan-based flying school has been ordered closed by the Civil Aviation Authority of the Philippines (CAAP) after its aircraft were found to have fake insurance.
The CAAP recently issued a cease-and-desist order to Delta Air International Air Academy Inc. prohibiting it from operating and admitting student pilots.
The CAAP made the move after the flying school was found to have falsified its insurance policy supposedly with Makati City-based insurer Solid Guaranty.
CAAP senior investigator Cesar Lucero said the flying school’s registration papers showed that the “aviation hull and liabilities” policy of its six aircraft was counterfeit, as confirmed by Solid Guaranty.
The submission of the “aviation hull and liabilities” policy is a requirement for the renewal of the Approved Training Organization Certificate of all licensed flying schools.
“This is a serious matter because aircraft insurance is very important especially in cases when these aircraft are involved in accidents and there are third parties that have to be compensated,” Lucero said.