Public Charter Operator's Bonds
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What Are Public Charter Operator's Bonds?
Public charter operator's bonds are required by the Department of Transportation (DoT) to arrange public charter flights. The DoT has created bonding requirements to ensure public charter operators will be financially responsible and provide transportation services following all contracts and agreements.
How Much Do Public Charter Operator's Bonds Cost?
The cost of your public charter operator's bond will vary depending on the bond amount and your credit score. Prices are typically calculated at 1% to 15% of the total bond coverage. Submit a quote request now to get started:
Have questions? Our surety experts are here to help — just call 1 (800) 308-4358!
How Do Public Charter Operator's Bonds Work?
Public charter operator’s bonds bind three parties in a legal contract:
- Principal: The public charter operator
- Surety: The provider issuing the bond to the principal
- Obligee: The DoT Office of International Aviation, U.S. Air Carrier Licensing/Special Authorities Division
Public charter operators are subject to Part 380 of the Department’s Special Regulations, which relates to the safety and security of charter passengers. If a bonded public charter operator breaks the contract terms, the DoT can file a claim to recover damages.
How to Get a Public Charter Operator's Bond
To get started, submit a quote request now. We’ll need the following information for your application:
- Date of flight departure
- Place of flight departure
Once you apply, a surety expert will reach out to discuss your application and provide a free quote. You can purchase your public charter operator bond online or over the phone.
If you’re in a rush to receive your physical bond document, we offer next-day and overnight shipping options.
How Do I Renew My Public Charter Operator's Bond?
Public charter operator’s bonds expire annually. A SuretyBonds.com representative will contact you with renewal instructions and an invoice to keep your bond active before your term ends.
How Do I Update My Public Charter Operator's Bond Form?
If you need to update any information on your bond form, call 1 (800) 308-4358 or email [email protected] and one of our friendly representatives will be happy to assist you.
Have Questions?
Call 1 (800) 308-4358 to talk with a Surety Expert today.