lessor News

Lessor AerCap Lodges $3.5B Claim for Seized Russian Aircraft

DUBLIN –– The world’s top aircraft lessor AerCap has submitted a $3.5 billion insurance claim for more than 100 jets stuck in Russia following its invasion of Ukraine, setting the stage for a lengthy legal wrangle between lessors and insurers. …

BOC Aviation Says Sanctions Deadline to End Russian Leases is ‘Unrealistic’

Aircraft lessor BOC Aviation Ltd 2588.HK believes a deadline giving lessors just over two weeks left to end contracts with Russian carriers due to sanctions over its invasion of Ukraine is “unrealistic,” a senior executive said on Thursday. “The EU …