Irish lessor AerCap has received an insurance pay-out of approximately USD572 million, fully settling claims with a Russian insurer against Ural Airlines (U6, Ekaterinburg) and S7 Airlines (S7, Novosibirsk) concerning airframes and engines leased to the two carriers as of February 2022.

AerCap confirmed the payment in a December 22, 2023, filing with the US Securities Exchange Commission (SEC). “Effective upon receipt of these insurance settlement proceeds from Limited Liability Company, Insurance Company NSK (NSK), a Russian…

Source: ch aviation
Read more: AerCap receives 2mn pay-out from Russian insurer