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CDB Aviation Secures Agreements With Insurers Over Detained Aircraft in Russia

CDB Aviation, a prominent global aircraft leasing company based in Ireland, has successfully reached agreements with two of its insurers, Fidelis Insurance (Bermuda) and Ping An Insurance (China), regarding the resolution of claims related to aircraft detained in Russia. Additionally, discussions with another insurer, Chubb (Switzerland), are reported to be in an advanced stage.

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Russian Airlines Reduce Foreign Risks by Ending Double Registration

Russian airlines have significantly reduced their exposure to foreign risks by ending the practice of double registration for 360 aircraft in their fleets. This strategic move addresses regulatory and operational uncertainties tied to the dual registration of aircraft, particularly those registered in foreign jurisdictions.