Lloyd’s in Talks With UN Over New Black Sea Grain Insurance Cover: CEO Neal September 8, 2023 By Jonathan Saul and Carolyn Cohn Lloyd’s of London is in talks with the United Nations over providing insurance cover for Ukrainian grain shipments if a...
Update: Lessor AerCap Settles Claim of $645M for Aeroflot Jets Stranded in Russia September 6, 2023 By Conor Humphries The world’s largest aircraft lessor has agreed to settle an insurance claim over Russia’s refusal to return 17 jets leased...
Aircraft Lessors Aim for June 2024 Trial Over Contested Russia Insurance Claims August 1, 2023 Some of the world’s largest aircraft lessors and insurers are aiming to be ready to go to trial in June...
Aviation Lessors Fight to Stop Insurance Dispute Hearings in Russia July 10, 2023 More than 40 aviation leasing firms, locked in a battle with insurers over who should bear up to $10 billion...
Insurers Successfully Merge Lawsuits Brought by Lessors for Jets Confiscated in Russia March 13, 2023 By Siddharth Philip and Upmanyu Trivedi Insurers led by AIG succeeded in their attempt to merge several lawsuits brought by aircraft lessors over outstanding claims for...
Aircraft Lessor AerCap Says Russian Airlines Proposing Settlements for Stranded Jets March 3, 2023 Aircraft lessor AerCap said on Thursday it had been approached by Russian airlines and their insurance companies about possible settlements...
Russian Airlines Explore Buying Stranded Jets From Western Leasing Firms December 27, 2022 By Gleb Stolyarov and Carolyn Cohn Russian airlines have held exploratory talks with at least one major Western leasing firm about using state funds to buy...
Aircraft Lessors’ Lawsuits Against Their Insurers Rise to $8B for Seized Russian Planes November 30, 2022 Aircraft leasing firms are suing dozens of insurers for around $8 billion in a string of lawsuits over the loss...
Aircraft Lessors Sue Insurers for $6.5 Billion Over Planes Trapped in Russia November 22, 2022 Aircraft leasing firms are suing dozens of insurers for around $6.5 billion in a string of lawsuits over the loss...
Russia’s Aeroflot Buys 8 Stranded Airbus A330 Aircraft From Leasing Firms May 16, 2022 By Kevin Liffey Russia’s biggest airline, Aeroflot, said on Friday it had bought eight Airbus A330 aircraft from foreign leasing companies “as part...