Litigants in London lined up this week as the High Court considers insurance claims on the more nearly 500 western-built commercial aircraft stranded in Russia since February 2022.
Insurers, including AIG and Lloyd's of London contend the stranded fleet is not a total loss, and the aircraft may be recovered. Claimants, including leasing giant AerCap are reportedly seeking up to $3 billion from insurers.
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