GA Telesis wins full settlement against NSK for planes grounded in Russia
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GA Telesis wins full settlement against NSK for planes grounded in Russia

Shelby Rosenberg
December 21, 2023
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Grounded Airplane, Covid - 19 Corona Pandemic

Airplane leasing company GA Telesis has received cash settlements from Russian carrier Insurance Company NSK, fully resolving claims for two aircraft on lease to Russian airline carrier Rossiya that were held in Russia at the time of the conflict with Ukraine.

The leasing company announced Thursday that it has released its claims against Insurance Company NSK, Rossiya, its parent company Aeroflot Group and their international reinsurers with respect to the aircraft and their engines.

GA

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NewsLegalAerospaceClaims and losses
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