If you want to get a sense of Ireland’s place in the world of aviation leasing, just turn up at the High Court most weeks. Some 13 of the world’s top 22 aviation lessors own some, in many cases all, of their planes through Irish entities. And over the past year, they have turned to the Irish courts in an effort to force their insurance companies to pay up in a series of disputes over planes stranded in Russia. A host of lessors are embroiled in insurance litigation including Avolon, BOC Aviation, SMBC Aviation Capital, Jetair, Nordic Aviation Capital (NAC),…
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