| Article 50 of the Convention for the Unification of Certain Rules for International Carriage by Air, also known as the Montreal Convention of 1999, places an obligation on the States Parties whereby their carriers are required to maintain adequate insurance coverage, but without providing any definition or guidance as to how the term "adequate" should be interpreted or understood.; This thesis, then, not only pinpoints the lack of accuracy of the terms contained in Article 50 but also suggests how the provision should be construed.; In order to do so, this project studies the origins of aviation insurance as well as its main characteristics and practice; presents an overview of the legal doctrine prompted as a consequence of the incorporation of Article 50; performs a thorough study of the evolution of Article 50; and concludes with a comparative study of other regional and domestic legal regimes requiring compulsory aviation insurance. |
