Legal

Nine out of ten planes in lawsuit re-registered in Russia, says AerCap

Lessor is suing its insurers over the loss of 116 planes and 23 spare aircraft engines

Aercap aviation leasing company is suing its insurers over the loss of 116 planes and 23 spare aircraft engines. Picture: Getty

Almost 90 per cent of the planes subject to a multi-billion euro lawsuit between AerCap and a group of insurers have been re-registered in Russia, the lessor has said in legal documents filed last month.

The Dublin-based aviation leasing company is suing its insurers over the loss of 116 planes and 23 spare aircraft engines.

On February 26, following the invasion of Ukraine by Russia, the EU imposed sanctions which prohibited the leasing of aircraft ...