Insurers win bid to appeal AerCap jet loss court ruling
A London court granted insurers permission today to appeal a ruling for AerCap over jets in Russia. The appeal follows a decision awarding the firm $1 billion.
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A group of major insurance providers has secured the right to challenge a significant court decision in the United Kingdom regarding aircraft stranded in Russia. The legal battle stems from the ongoing conflict in Ukraine, which has left numerous commercial planes grounded or seized within Russian borders.
