Aircraft lessors sue insurers for $8b over trapped Russian planes

Aircraft leasing firms are suing dozens of insurers for around $8b in a string of lawsuits over the loss of hundreds of aircraft stuck in Russia since Moscow's invasion of Ukraine. More than 400 leased planes worth around $10b are unable to leave Russia after European Union sanctions forced the termination of their leases. Lessors argue the aircraft are covered by policies against war or theft, but insurers point out the planes are undamaged and might yet be returned. Story features list of claims filed against insurers in London, Dublin and the United States, with the most recent filing listed first.<br/>
Reuters
https://www.reuters.com/business/aerospace-defense/aircraft-lessors-sue-insurers-65-billion-over-trapped-russian-planes-2022-11-21/
12/15/22