Air Travel Protection Act

[AI summary unavailable — showing source text] Air Travel Protection Act - Declares that it is the policy of the United States to provide for the protection of the public against financial loss from injury, death or property damage from an aircraft incident, by requiring persons engaged in domestic air transportation to provide financial protection for the indemnification of victims of air incidents. Includes as a condition for a certificate for interstate or overseas air transportation that the air carrier maintain financial protection of such type and in such amounts as the Secretary of Transportation shall require to indemnify victims of aircraft incidents. Directs the Secretary to extend such requirement to persons engaged in intrastate air transportation. States that the amount of financial protection required shall be the amount of liability insurance available from private sources, unless the Secretary establishes a lesser amount based on specified criteria. Authorizes the Secretary to determine the proportion of such insurance to be borne by persons holding type certificates under the Federal Aviation Act of 1958 with respect to aircraft, aircraft engines, and propellors or appliances used in the operation of aircraft. …