Aviation and the AerCap deal: What comes next
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Aviation and the AerCap deal: What comes next

Aercap logo airplanes.jpg

The announcement of a landmark settlement between number-one aircraft lessor AerCap and state-backed Russian airline Aeroflot has raised the prospect of a significant reduction in the $12bn+ claims bill being faced by aviation insurers.

The deal, which complied with all “applicable sanctions regimes” and was approved by the US Department of Commerce and the US Department of the Treasury, has also created a pathway towards the avoidance of years of litigation.

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