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Some of the world's largest aircraft lessors and insurers are aiming to be ready to go to trial in June 2024 over contested insurance claims for aircraft
Some of the world's largest aircraft lessors and insurers are aiming to be ready to go to trial in June 2024 over contested insurance claims for aircraft stuck in Russia, a lawyer for one of the lessors said on Monday. Lessors are suing dozens of insurers around the world for billions of dollars after more than 400 planes were unable to leave Russia due to Western sanctions in response to Moscow's invasion of Ukraine that forced the termination of their leases. The world's number two and three lessors, SMBC and Avolon, as well as BOC Aviation, CDB Aviation, Nordic Aviation Cap...
DUBLIN (Reuters) - Some of the world's largest aircraft lessors and insurers are aiming to be ready to go to trial in June 2024 over contested insuran...
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Judge to deal with row over jurisdiction as aviation businesses pursue insurers