Irish jet leasing giant AerCap seeks up to $340m from Russian carrier

Dublin-based AerCap, the world’s largest aircraft leasing company, is suing Russian cargo carrier Volga-Dnepr for up to $340m (€317m) after they failed to return eight aircraft following the invasion of Ukraine and subsequent sanctions imposed on Russia, documents seen by the Irish Independent show.

he claim by AerCap subsidiaries in London also sheds more light on the behind-the-scenes manoeuvres by aircraft lessors in their so-far doomed efforts to take control of jets that have effectively been seized by the Russian state.

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