AerCap reduces insurance claim to $2.75bn after $645mn Aeroflot settlement
Lessor AerCap has disclosed that it has received a cash insurance settlement of $645mn in full from airline Aeroflot for insurance claims related to 17 aircraft and five engines in Russia leased to Aeroflot.
In a stock market filing, the world’s largest lessor said it had received the payment from Aeroflot and Rossiya Airlines, a member of the Aeroflot group, for the equipment on lease “at the time of Russia’s invasion of Ukraine...
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