LONDON (Jul. 4)
The House of Lords has ruled that no insurance money is payable for the destruction of three planes at Beirut Airport by Israeli commandos in Dec., 1968. The raid by helicopter-borne Israelis blew up two Coronados and a DC7, three-quarters of the fleet of Lebanese International Airways, in reprisal for an attack by Arab terrorists two days earlier on an El Al airliner in Athens.
The Lords unanimously dismissed an appeal by American Airlines Inc. of New York and Banque Sabbag, SAL, of Beirut, against an Appeals Court decision in Feb., 1973 that they were not entitled to insurance money from Ralph James D’Olier Hope and other underwriters. The insurance expressly excluded war risks for the planes chartered to Lebanese Airlines.