Tag: aircraft


Long arbitration and legal procedures for lessors and re/insurers of stranded aircrafts in Russia

September 28, 2022

Via: Insurance Business

According to a recent report by DBRS Morningstar the risk of a prolonged Russian invasion of Ukraine will further complicate the resolution of aircraft leasing insurance claims which would take years to settle, with experts believing that this would require […]

Geo-Political, Risk Management

Lessor SMBC recognises $1.6bn impairment on aircraft stranded in Russia

July 8, 2022

Via: Reinsurance News

Leading aircraft leasing firm, SMBC Aviation Capital, has said it is “unlikely” that it will be able to recover 34 owned aircraft stranded in Russia following the country’s ongoing invasion of Ukraine and subsequent sanctions, leading the company to recognise […]