Aircraft lessor Aercap settles Russia Aeroflot claim for $645 million
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DUBLIN, Sept 6 (Reuters) - Aircraft lessor AerCap on Wednesday said it had agreed a $645 million settlement with Russian state state-controlled airline Aeroflot regarding 17 aircraft and five spare engines that were on lease to the Aeroflot and Rossiya airlines.
"Effective upon receipt of these insurance settlement proceeds from ... Insurance Company NSK, a Russian insurance company, we have released our claims against NSK, Aeroflot, Rossiya and their international reinsurers with respect to these aircraft and engines," Aercap said in a stock market filing. (Writing by Conor Humphries; editing by Jason Neely)
