Leasing

DAE secures $201 million from Russian lease insurance claims, reaches $319 million

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DAE secures $201 million from Russian lease insurance claims, reaches $319 million

Dubai Aerospace Enterprise (DAE) received cash proceeds in the last three months totalling approximately $201 million, from settlements related to aircraft leased to carriers in the Russian Federation, the company said on December 18, 2024.“DAE and its relevant affiliated entities have released th...

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