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Air Lease chairman says pursuing insurance claims over Russia -Breaking

by Mike Robinson

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© Reuters. FILEPHOTO: Ray Conner is the CEO of Boeing Commercial Airplanes, and Steven Udvar Hazy (CEO of Air Lease Corp.) rings the New York Stock Exchange Bell at Farnborough Airshow 2012 which took place in south England on July 9, 2012. REUTERS/Luke MacGrego

DUBLIN (Reuters) – Air Lease, (NYSE:) Corp pursues “vigorous insurance claims” over Russian-stranded jets, Steven Udvar Hazy (founder and executive chairman, U.S. lessor) told Airline Economics.

According to him, it was difficult for the leasing sector to be prepared for such a rare post-World War II event.

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