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...
SMBC Joins List of Aviation Lessors Suing Insurers Over Jets Stuck in Russia November 29, 2022 SMBC Aviation Capital has joined most of the world’s largest aircraft lessors in pursuing insurance claims through the courts over...
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...
Taiwan’s Financial Services Firms Cut China Exposure by 20% to Record Low November 18, 2022 By Cindy Wang, Betty Hou and Chien-Hua Wan Taiwan’s financial institutions reduced their China exposure to a record low amid economic and political uncertainties, according to its top...
Aircraft Lessor BOC Aviation Sues 16 Insurers Over Claims for Jets Stuck in Russia November 14, 2022 BOC Aviation Ltd. has begun legal action in pursuit of claims against 16 insurers over aircraft the lessor owns that...
Carlyle Aviation Sues Insurers Over Seized Planes Leased to Russian Airlines November 1, 2022 By Joe Schneider Carlyle Aviation Partners said it sued a group of insurance companies and re-insurers claiming they failed to pay for losses...
Dubai Aerospace Sues 11 Insurers, Including Lloyd’s, AIG, Chubb, for Jets Stuck in Russia October 28, 2022 By Kirstin Ridley and Carolyn Cohn Aircraft leasing firm Dubai Aerospace Enterprise (DAE) has filed a London lawsuit against 11 insurers, including Lloyd’s of London, AIG,...
ExxonMobil Exits Russia After Putin Expropriates Assets Valued at More Than $4 Billion October 18, 2022 By Sabrina Valle Exxon Mobil Corp. said on Monday that it left Russia completely after President Vladimir Putin expropriated its properties following seven...
Global Financial Firms Reassess Risks of Operating in China if Taiwan Tensions Escalate September 26, 2022 By Ambereen Choudhury, Natasha White and Denise Wee Global financial firms, still smarting from multi-billion dollar losses in Russia, are now reassessing the risks of doing business in...