GLOBAL AEROSPACE UNDERWRITING MANAGERS LTD AND OTHERS v GLOBAL PRIVATE INVESTMENTS LTD
[2025] Lloyd's Rep IR 132
ABU DHABI GLOBAL MARKET COURT OF APPEAL
Before Chief Justice Lord Hope,Justice Hayne,Justice Sir Blanchard
Insurance (aviation) – Measure of indemnity for damaged aircraft – Whether policy provided for diminution in value or repair costs – Whether accelerated depreciation could be recovered – Scope of cover for cost of hiring replacement aircraft.