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Full coverage: Lloyds

The perils of war: the aviation sector’s billion dollar battle over beached Russian assets

They say their insurance policies were meant to pay out in 90 days for aeroplanes lost by acts of war. Yet nearly a year after Russia's full-scale invasion of Ukraine, some of the world's largest aircraft lessors are fighting tooth and nail for compensation.

Francesca Comyn
5th Jan, 2023 - 11 min read

Avolon launches fight with insurers over planes lost to Putin’s ‘Grand Theft Aero’

The Irish aircraft leasing company has initiated proceedings against its insurers in the Irish High Court, after writing down ten planes marooned in Russia. The legal battle looks set to be long and complicated.

Rosanna Cooney
3rd Nov, 2022 - 2 min read
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