Airlines Re-Route, Cancel Flights Due to India-Pakistan Fighting May 7, 2025 By Abhijith Ganapavaram, Ben Blanchard and Ariba Shahid Airlines including United Airlines and Korean Air re-routed or canceled flights and about a dozen Indian airports were shut on...
Rising Civil Unrest, Political Violence Remain Top 10 Risk for Global Businesses: Allianz April 10, 2025 By L.S. Howard Soaring levels of civil unrest and political violence are a key concern for businesses of all sizes as well as...
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...
Kremlin Says Google Should Lift YouTube Block on Russian Broadcasters November 1, 2024 The Kremlin said on Thursday that Alphabet’s Google should lift its block on Russian TV channels broadcasting on YouTube and...
YouTube Forced to Play a Game of Legal Whack-a-Mole With Russia October 30, 2024 By Upmanyu Trivedi When YouTube blocked three Russian channels it said were controlled by sanctioned supporters of Vladimir Putin’s invasion of Ukraine, the...
Geopolitical Conflict Could Cost Global Economy $14.5 Trillion Over 5 Years: Lloyd’s October 10, 2024 By L.S. Howard The global economy could be exposed to losses of US$14.5 trillion over a five-year period from the threat of a...
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...