6 September 2023Insurance

AerCap settles with Aeroflot, cuts claim on own policies to $2.75bn

Aircraft lessor AerCap received $645 million in cash from the insurer of Russian airline Aeroflot, cutting its total outstanding claim on aircraft and engines lost after the Russian invasion of Ukraine to $2.75 billion, AerCap said in a market filing.

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AerCap settles with Aeroflot, cuts claim on own policies to $2.75bn

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