Aircraft lessors face insurers in court over ‘contingent and possessed’ coverage
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Aircraft lessors face insurers in court over ‘contingent and possessed’ coverage

Aisling Finn
24 July 2023
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A group of aircraft lessors including AerCap, Dubai Aerospace Enterprise (DAE), KDAC, Merx and Falcon 2019-1 have faced their insurers in court over disputed ‘contingent and possessed’ (C&P) coverage, in the latest aviation court management conference ahead of a full trial.

One of the purposes of Friday’s case management conference was to discuss the legal arguments and clauses in the C&P cover which will be in play at a full trial in October 2024, when the C&P plus other aviation...

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