LONDON, June 20 (Reuters) – Aircraft leasing firms have struck settlements with Russia totalling around $2.7 billion for over a quarter of the roughly 400 aircraft stuck in the country since Moscow’s invasion of Ukraine in 2022.
In return, international lessors handed ownership of the planes to state insurance company NSK, which transferred them to Russian airlines.
Lessors have been suing dozens of insurers over losses of at least $8 billion over the trapped planes.
Source: REUTER
