Lessors have settled nearly all outstanding war risk and all-risk insurance claims at the Irish High Court related to aircraft expropriated by Russian airlines in 2022, lawyers representing the former owners of the aircraft revealed during a March 26 hearing.

While Avolon (case 2022/5514/P), BOC Aviation (2022/5538/P), Nordic Aviation Capital (2022/6232/P), and six SPVs for an unidentified lessor filing jointly (2022/6087/P) have already settled all of their claims, CDB Aviation (2022/5759/P) and…

Source: ch aviation
Read more: Settlement of Russia-insurance claims in Ireland nears