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Aircraft traveling through Ukrainian airspace will no longer be insured by international insurance companies from Feb. 14, forcing flights to be grounded or canceled, according to Ukrainian publication Ukrainska Pravda. 

The outlet quoted information from unnamed sources in the aviation industry.
Anatoliy Ivantsiv, head of Ukrainian insurance firm Expo, told Interfax that British reinsurance giant Lloyds announced it would temporarily cease all conflict risk insurance over Ukrainian airspace from Feb. 14.

Ukrainian airlines may lose most aircraft amid panic | AviaNews |

Update Feb. 13: Government of Ukraine allocated UAH 16.6 billion ($600m) to the Ministry of Infrastructure as guarantees for insurance companies, reinsurance companies, leasing companies and air carriers.

'Sapere aude'

by Oui (Oui) on Sun Feb 13th, 2022 at 11:37:56 PM EST

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