Ukrainian airline UIA loses some of its plane insurance coverage

Ukraine International Airlines - Airplane - Plane Insurance

The insurers have withdrawn the cover for aircraft flying in the country’s airspace. The largest Ukrainian airline has announced that its insurers have withdrawn their plane insurance coverage for at least some of its aircraft for flights within the country’s airspace. The move was made as Russia boosts potential risk by moving its military forces to the border. Ukraine International Airlines (UIA) stated that the insurers informed it that the plane insurance would be removed in Ukrainian airspace due to the threat presented by Russia. This announcement was made as…

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