BOC Aviation receives $208mn insurance payout from Aeroflot subsidiary
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BOC Aviation receives $208mn insurance payout from Aeroflot subsidiary

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BOC Aviation has received a cash payment of $208mn in an insurance settlement from Insurance Company NSK.

The payment is in relation to eight aircraft formerly leased to Pobeda Airlines, a subsidiary of Aeroflot.

The lessor said that, because of the payment, it has released its claims against NSK, Pobeda and other relevant parties in Russia and...

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