Bermuda aircraft engines lessor sues insurers over ~$90mn 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

Cookies Settings

Bermuda aircraft engines lessor sues insurers over ~$90mn losses from Russia-Ukraine war

Jairo Ibarra
March 03, 2023
  • X
  • LinkedIn
  • Show more sharing options
  • Print
  • X
  • LinkedIn
Moscow, Russia airport apron and leased Aeroflot Airbus A320-214 with an offshore registration from Bermuda.jpg

Bermuda aircraft engines lessor WWTAI AirOpCo has sued various specialty insurers and Lloyd’s syndicates over $90mn of losses stemming from Russia’s invasion of Ukraine.

Filed last month in a New York court, the lawsuit argues that one engine leased out in Ukraine and 16 engines leased out in Russia have suffered physical loss or damages, according to court records reviewed by this publication.

The...

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
Request a free trial Already a subscriber? Login now

Topics

NewsLegalAerospaceClaims and losses
jairo ibarra/jairo ibarra ii us.png
Jairo Ibarra
Senior Reporter
Contact
Gift this article