LONDON, June 11 (Reuters) - London's High Court on
Wednesday ruled in favour of aircraft leasing companies in a
multi-billion-dollar legal dispute over jets retained in Russia
since the 2022 invasion of Ukraine.
The world's largest aircraft lessor AerCap ( AER ) and
several other firms had sued insurers including AIG,
Lloyd's, Chubb and Swiss Re in one of the
biggest insurance disputes ever heard in London.
The London lawsuit had focused on almost 150 jets and some
engines, previously with a total value of up to $4.7 billion,
though settlements - including on the first day of trial in
October and subsequently - have whittled the numbers down.