Air Lease Corp. Gets $329 Million Insurance Payout for Jets Stranded in Russia March 24, 2025 Aircraft lessor Air Lease Corp. said on Monday it has received $328.5 million in cash, as part of certain insurance...
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...
Avolon, BOC Settle Lawsuit Against Insurers Over Stranded Russian Jets February 7, 2025 By Padraic Halpin and Conor Humphries Avolon and BOC Aviation, two of the world’s largest aircraft lessors, have settled lawsuits in the Irish courts against insurers...
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...
Here Are the Legal Battle Lines in Ireland’s Multi-Billion Euro Russian Jet Trial June 28, 2024 The opening salvos have been fired in a 2.5 billion euro ($2.7 billion), Irish court battle between some of the...
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,...