Russian airlines approach Aercap over ‘potential insurance settlements’
Russian airlines have reached out to aircraft leasing giant Aercap over “potential insurance settlements” after over 100 planes were stranded in the country when conflict broke out in Ukraine last year.
Aercap is in the process of suing its insurers for the loss of the planes, contending it is due $3.5bn under an all risks policy or $1.2bn under a war risks policy if the larger claim is barred by a
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