DAE unit sues insurers for $43.4mn in second legal action

An Irish aircraft leasing company linked to Dubai Aerospace Enterprise (DAE) is seeking to claim $43.4mn in a legal action against 11 insurers for...

Article / 3 hours ago

Aircraft lessor hits back at insurers in battle for $43mn claim

Falcon 2019-1 Aircraft 3, a securitisation entity which is managed and serviced by Dubai Aerospace Enterprise (DAE), has submitted its reply in an ongoing...

Article / 14 hours ago

Convex and Lancashire face $88.5mn lessor legal claim over Russia planes

Carlyle Aviation Management, one of the world's largest aircraft operating companies, is seeking $88.5mn from subsidiaries of London-Bermuda specialty...

Article / 2 days ago

DAE hits back at war insurers in UK High Court battle

Dubai Aerospace Enterprise (DAE) has hit back at its insurers in the latest battle in its lawsuit against 11 carriers in the UK High Court....

Article / 2 days ago

Fidelis confirmed as third defendant in AerCap's $3.5bn Russian plane suit

London's High Court has officially handed permission to Bermuda-London carrier Fidelis to defend itself in the $3.5bn litigation brought by the...

Article / 7 days ago

Aircraft lessors cool on risky markets after $10 billion Russia blow - Reuters

Aircraft leasing companies, which own most of the world's passenger jets, face a tricky balance between risks and rewards after losing 400 planes in Russia...

reuters.com / Article / 21 days ago

Freighter aircraft lessor VX Capital launches London legal claim against insurers

Commercial aircraft investment and leasing company VX Capital Partners has filed a complaint in London's High Court against Allianz Global Corporate...

Article / 20 days ago

AXA reduces aviation war cover after Ukraine losses, sources say - Reuters

The commercial arm of French insurer AXA is reducing cover offered to aviation companies as it seeks to protect the multibillion-euro business after heavy Ukraine-related losses...

reuters.com / Article / 22 days ago

Dubai Aerospace Enterprise sues 11 insurers in High Court case

Dubai Aerospace Enterprise (DAE) has filed a claim in the High Court against 11 insurers...

Article / 28 days ago

Aircraft lessor lawsuits forecast to rise “significantly” as claims near $7bn

Legal cases launched by aircraft leasing firms against insurers over the loss of hundreds of planes stuck in Russia since Moscow's invasion of Ukraine...

Article / 1 month ago