| Summary: | Objective: to carry out a comprehensive analysis of the institution of losses under the Vienna Convention of 1980 and its implementation in comparison with the regulation of the institution of losses in the law of England.Methods: universal dialectic method of cognition, as well as general scientific and private research methods based on it.Results: the article analyses legal regulation of the institution of losses under the Vienna Convention of 1980 and reviews the practice of its application by the courts of various states, as well as presents a comparative legal analysis of the institution of losses under the Vienna Convention of 1980 and the law of England.Scientific novelty: the article suggests practical recommendations on using the provisions of the Vienna Convention 1980 on losses and international practices in contracting.Practical significance: the findings of this paper can be used in scientific, legislative and law enforcement activities, and in the educational process of higher education institutions.
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