Conduit’s $15mn-$30mn Ukraine loss dependent on aviation market outcome
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Conduit’s $15mn-$30mn Ukraine loss dependent on aviation market outcome

Rachel Dalton
11 May 2022
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Photo: Alamy

Conduit opted to publish a broad ultimate predicted Ukraine loss range of $15mn-$30mn due to uncertainty over where the aviation impact of the conflict will hit the market, according to management.

The carrier this morning published a Q1 trading update in which it revealed a net first-quarter impact from the war of $24.6mn.

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Topics

News Conduit Claims and losses Aerospace
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Rachel Dalton
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