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...
Russia Offers to Compensate Foreign Lessors of Commandeered Jets March 23, 2022 By Christopher Jasper Russia offered to compensate owners of jets commandeered by the country, a bid to smooth relations with leasing companies that...
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...
New Russian Law on Leased Jets Could Help in Claiming Insurance, Air Lease Says March 17, 2022 By Abhijith Ganapavaram A new Russian law on leased aircraft showed Moscow could “confiscate” planes and such a move might help it claim...
AIG Exits Plane Leasing Business with $500M Sale of AerCap Stock August 19, 2015 By Sonali Basak American International Group Inc. said it raised net proceeds of about $500 million selling stock of AerCap Holdings NV as...
AIG Completes $7.6 Billion ILFC Sale to AerCap May 15, 2014 By Julie Johnsson and Zachary Tracer AerCap Holdings NV completed its $7.6 billion purchase of International Lease Finance Corp., creating the largest independent jet-leasing firm and...
AIG Could Gain Extra $2 Billion in Sale of Plane Leasing Unit May 14, 2014 By Zachary Tracer and Julie Johnsson American International Group Inc. stands to get an extra $2 billion from the cash-and-stock sale of its plane-leasing unit after...
AIG to Sell Aircraft Leasing Unit ILFC for $5 Billion December 16, 2013 American International Group Inc. agreed to sell the world’s second-largest aircraft lessor to AerCap Holdings NV for $5 billion after...
AIG in Talks to Sell Aircraft Leasing Unit ILFS to AerCap December 13, 2013 Insurer American International Group is in talks to sell its jet-leasing finance business to AerCap Holdings NV, according to reports....