BOC Aviation awarded $406mn in ruling against Russian airline
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BOC Aviation awarded $406mn in ruling against Russian airline

Aisling Finn
19 April 2023
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Aircraft lessor BOC Aviation has been awarded more than $400mn in a ruling against Russian cargo airline AirBridgeCargo, a subsidiary of Volga-Dnepr, one of Russia’s largest airlines.

US District Judge Lewis Liman ruled that AirBridgeCargo had “effected a seizure” of three aircraft and was, therefore, liable to pay after the lessor went into default for failing to maintain required reinsurance coverage.

Court

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