Russia Is A Problem For Lessors – But Not A Showstopper!
Airlines in Russia may have seized their leased jets, but lessors seem to shrug off this upset, announcing sizeable orders for new aircraft. We have repeatedly seen the all-encompassing effects of Russia’s invasion of Ukraine. The resulting sanctions are affecting the...
Aircraft Insurance Costs Exploding After Russia’s Actions
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...
