3 October 2023Insurance

Aircraft lessor SMBC strikes deal with Aeroflot insurer for 16 planes

Aircraft lessor SMBC Aviation Capital received $710 million in cash from a Russian insurer for 16 aircraft and engines previously leased to Russia’s state-owned flagship airline Aeroflot, nearly half its asset losses following the Russian invasion of Ukraine.

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Aircraft lessor SMBC strikes deal with Aeroflot insurer for 16 planes

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