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“Lost in the war—Judgment in the Russian aircraft claims (Aercap v AIG)” – Aradhya Sethiya for Lexis Nexis

25th Jul 2025

Aradhya Sethiya has recently produced a practice note for LexisNexis on the recent judgment in the Russian aircraft claims (Aercap Ireland Ltd v AIG Europe SA and others and other cases [2025] EWHC 1430 (Comm).

Following a mega trial spanning over 12 weeks, the court held that the aircraft lessors (including AerCap and DAE) were entitled to recover under their contingent War Risks (WR) cover, but were not entitled to recover under their All Risks (AR) cover, for aircraft and engines stranded in Russia following the 2022 invasion of Ukraine. Aercap made its primary claim under its AR cover while DAE advanced its primary claim under its WR cover. The lessors lost the aircraft on 10 March 2022, when the Russian government issued Government Resolution (‘GR’) 311–a decree prohibiting the return of aircraft to the lessors in response to Western sanctions against Russia.

To view a copy of the full article please click here.

Judgment in the multi-billion-dollar Russian Aircraft Lessor Policy Claims was handed down in June. This was a highly significant and valuable commercial dispute in which no fewer than 29 members of 7KBW were instructed. A copy of the Judgment is available here.

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