Insurers Must Pay Up for Jets Seized by Russia, UK Judge Rules June 11, 2025 By Upmanyu Trivedi Insurance companies must compensate aircraft lessors and owners for planes that Russia seized when it took counter-sanction measures after the...
Russia’s Aeroflot to Settle Deals for Last 36 Planes Leased From West June 6, 2025 Russian flag carrier Aeroflot expects to sign settlement deals with Western insurers and leasing firms on the last 36 planes...
AerCap CEO Sees No Quick Return to Russia if Market Reopens, on Insurance Concerns February 27, 2025 By Tim Hepher, Padraic Halpin and Conor Humphries The head of the world’s largest aircraft leasing company, AerCap, said on Wednesday that Russia may look to buy used...
AXA, Aircraft Lessor DAE Clinch Deal as UK Battle Over Jets Seized in Russia Kicks Off October 3, 2024 By Kirstin Ridley and Sam Tobin Aircraft lessor Dubai Aerospace Enterprise (DAE) has secured a settlement with insurer AXA over jets retained in Russia since the...
Global Insurers Fight London Court Battle Over Jets Seized in Russia October 2, 2024 By Kirstin Ridley and Sam Tobin Insurers are playing “pass the liability parcel” in a desperate fight against multi-billion dollar claims over aircraft stranded in Russia...
Details of Aviation Lessor Settlements With Russia Over Trapped Planes June 21, 2024 Aircraft leasing firms have struck settlements with Russia totalling around $2.7 billion for over a quarter of the roughly 400...
Multibillion-Euro Court Battle Over Stranded Russian Jets Begins in Dublin June 11, 2024 Some of the world’s largest aircraft lessors faced off against their insurers in a Dublin courtroom on Tuesday at the...
UK Court Decides Aircraft Disputes to Be Heard in Ukraine, Not London June 7, 2024 A legal battle between insurers and aircraft leasing companies over jets stuck in Ukraine should be heard in Ukraine rather...
Irish Court Case on Russia Jet Insurance Claims to Begin on June 11 May 30, 2024 Ireland’s High Court is to begin hearing a dispute around insurance claims for aircraft stuck in Russia on June 11,...
UK Court Rules That $10 Billion Jet Dispute Should Be Heard in London, Not Moscow March 28, 2024 A $10 billion battle between reinsurers and aircraft leasing companies seeking payouts for more than 200 jets stuck in Russia...