AerCap files $3.5 billion in insurance claims over jammed Russian jets

AerCap Holdings NV said it had filed $3.5 billion in insurance claims for more than 100 jetliners it had leased to Russian airlines and are now stuck in the country after Western sanctions were imposed.

The world’s largest aircraft leasing company by value said it leased 135 planes to Russian airlines and has recovered 22 of them so far. European and US sanctions forced lessors to cancel contracts and banned Western companies from providing maintenance and spare parts for the abandoned planes.

https://www.wsj.com/articles/aercap-submits-3-5-billion-in-insurance-claims-over-trapped-russia-jets-11648658524?mod=pls_whats_news_us_business_f AerCap files $3.5 billion in insurance claims over jammed Russian jets

Ari Notis

TheHiu.com is an automatic aggregator of the all world’s media. In each content, the hyperlink to the primary source is specified. All trademarks belong to their rightful owners, all materials to their authors. If you are the owner of the content and do not want us to publish your materials, please contact us by email – admin@thehiu.com. The content will be deleted within 24 hours.

Related Articles

Back to top button