Aircraft Leasing Firm AerCap Files $3.5B Insurance Claim for Jets Stuck in Russia March 30, 2022 By Siddharth Philip AerCap Holdings NV, the world’s largest aircraft-leasing firm, is seeking about $3.5 billion from insurers related to jets and engines...
Jet Leasing Firms Tally Up Losses Stemming From Russia-Ukraine War March 30, 2022 By Siddharth Philip Aircraft leasing firms are tallying up losses stemming from Russia’s invasion of Ukraine, according to the head of Avolon Holdings...
Russia’s Seizure of Foreign Jets Triggers Wave of Insurance Claims From Leasing Firms March 24, 2022 By Siddharth Philip and Eliza Ronalds-Hannon Russia’s move to transfer almost 800 foreign-owned jets to its own aircraft register amid foreign sanctions has triggered a wave...
Aircraft Insurers Brace for Barrage of Russia Claims in Possibly Biggest Aviation Loss March 18, 2022 By Katherine Chiglinsky, Siddharth Philip and Max Reyes Aircraft-leasing firms working to retrieve planes from Russia are set to collide with an aviation-insurance industry bracing for an unprecedented...
Cyclone Hudhud Makes Landfall on India’s East Coast October 13, 2014 By Ketaki Gokhale and Siddharth Philip Cyclone Hudhud made landfall on India’s eastern coast on Sunday, Oct. 12 with gusts as strong as 195 kilometers per...
India Landslide May Leave No Survivors as Death Toll Rises to 61 August 1, 2014 By Siddharth Philip The death toll from a landslide triggered by torrential rains this week in India’s western Maharashtra state rose to 61...