Published: Thu 4 Jan 2024

AerCap handed $1.3bn in cash insurance settlements over 2023

Irish aviation lessor AerCap Holdings received cash insurance settlement proceeds of approximately $1.3bn during the full year ended 31 December 2023, amid continuing attempts to recover assets seized in Russia following the invasion of Ukraine.

Insurance

Aviation

Russia-Ukraine

Europe

Published: Thu 4 Jan 2024

Russia-Ukraine lessor disputes overshadow otherwise stable aviation renewals

War risk insurers say lessor losses were a “commercial decision” of Russian airlines

AerCap handed $1.3bn in cash insurance settlements over 2023

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