Aircastle sues insurers in NY over $265.9mn aircraft losses from Russia-Ukraine war
  • X
  • LinkedIn
  • Show more sharing options
  • Print
  • X
  • LinkedIn

© 2024 Insider International Limited, company number 15236286, 4 Bouverie Street, London, EC4Y 8AX. Part of the Delinian Group. All rights reserved.


Accessibility | Terms of Use | Privacy Policy | Modern Slavery Statement

Aircastle sues insurers in NY over $265.9mn aircraft losses from Russia-Ukraine war

Aviation war plane solider alamy ukraine 2022.jpg

Connecticut-based aircraft leasing company Aircastle has filed a complaint against several insurers and Lloyd’s syndicates, accusing them of failing to provide coverage over $265.9mn in damages related to Russia’s invasion of Ukraine.

The lessor claims that Russian operators have refused to return foreign-leased aircraft following the local government’s instructions to operate flights using foreign-owned units, even if doing so would deprive the lessors of the aircrafts.

In

Request a free trial:

Fuel a smarter strategy with our actionable market intelligence

    • Gain a competitive edge and accelerate decision-making
    • Be empowered by insights that transform confusion to clarity
    • Uncover growth opportunities and prepare for potential threats
Gift this article