Title 49 › SUBTITLE VII — AVIATION PROGRAMS › PART A — AIR COMMERCE AND SAFETY › subpart ii — economic regulation › CHAPTER 411 — AIR CARRIER CERTIFICATES › § 41112
The Secretary of Transportation may give a U.S. citizen an air‑carrier certificate only if the person files an approved insurance policy or an approved self‑insurance plan that pays for injury, death, or damage to other people’s property caused by operating or maintaining the aircraft. The certificate stays valid only while that coverage is kept. The Secretary may also require a performance bond or similar security, on amounts and terms the Secretary sets, to make sure passengers and shippers are paid if the carrier fails to provide the promised transportation.
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Legislative History
Reference
Citation
49 U.S.C. § 41112
Title 49, Transportation
Last Updated
Sep 22, 2026
Release point: 119-110