Airlines and lessors may soon face a substantial hike in insurance costs after lessors made insurance claims for aircraft seized in Russia. Last week, we saw that Ireland-based AerCap, the world’s largest lessor, made an insurance claim worth $3.5 billion. This claim...
In an expected move, AerCap, the world’s largest aircraft lessor, is making an insurance claim of $3.5 billion for aircraft seized in Russia. We knew that Russia’s decision to forcefully keep aircraft belonging to foreign lessors would affect more links in the chain,...
Could the law allowing Russian airlines to seize and re-register leased aircraft be helping lessors who own them? A lessor thinks so. Kind of. Just days ago, we saw that Vladimir Putin signed a law that affects lessor-owned aircraft, with Russian airlines. With the...
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