--- title: "RIFA PM: Due to 5 aircraft being detained in Russia, the subsidiary has filed a lawsuit against QBE Insurance and Aon NZ" type: "News" locale: "en" url: "https://longbridge.com/en/news/246206547.md" description: "RIFA PM announced that its wholly-owned subsidiary Airwork has filed a lawsuit against QBE Insurance and Aon NZ in the High Court of New Zealand due to a dispute over an aircraft leasing contract with Russian client Aviastar. Due to geopolitical conflicts, five B757-200 freighters have been detained in Russia, and Airwork has not reached an agreement with the insurance companies, opting for litigation to protect shareholder interests. The case has not yet been heard, and the impact is still unclear" datetime: "2025-06-26T08:11:34.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/246206547.md) - [en](https://longbridge.com/en/news/246206547.md) - [zh-HK](https://longbridge.com/zh-HK/news/246206547.md) generator: "portal-rs" --- # RIFA PM: Due to 5 aircraft being detained in Russia, the subsidiary has filed a lawsuit against QBE Insurance and Aon NZ RIFA PM announced that its wholly-owned subsidiary Airwork has filed a lawsuit against QBE Insurance Limited and Aon NZ in the Auckland High Court of New Zealand due to losses from leasing aircraft to the Russian client Aviastar. Airwork signed six B757-200 cargo aircraft leasing contracts with the Russian client, but the cooperation was terminated due to Western geopolitical conflicts, and five aircraft are still being held in Russia. Airwork and the insurance companies did not reach an agreement, thus choosing to pursue litigation to protect shareholder rights. The case has not yet been heard, and the impact on the company's current or future profits cannot be determined at this time ### Related Stocks - [QBIEY.US](https://longbridge.com/en/quote/QBIEY.US.md) - [AON.US](https://longbridge.com/en/quote/AON.US.md) - [002520.CN](https://longbridge.com/en/quote/002520.CN.md) ## Related News & Research - [US Employer Healthcare Costs Could Top $19,000 Per Worker in 2027 as Aon Warns of 9.5% Surge](https://longbridge.com/en/news/296613241.md) - [Campbell's (CPB) Files A Shelf Registration, Is The Stock Cheap Or Pricey?](https://longbridge.com/en/news/296564488.md) - [Aon launches Sidecar X platform with $200 million capacity for transactional risk insurance](https://longbridge.com/en/news/296110831.md) - [Molson Coors Stock And 2 US Exporters Exposed To Canada Tariff Talks](https://longbridge.com/en/news/296664452.md) - [J&J Snack Foods (JJSF) Could Be 20% Undervalued As Dividend News Puts Valuation Back Focus](https://longbridge.com/en/news/296564037.md) --- > **Disclaimer: This article is for reference only and does not constitute any investment advice.**