Regulatory

DAE secures settlement agreement over stranded aircraft in Russia as AerCap trial begins

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DAE secures settlement agreement over stranded aircraft in Russia as AerCap trial begins

Dubai Aerospace Enterprise (DAE) secured a settlement agreement with insurer AXA in relation to aircraft stranded in Russia following the country's 2022 invasion of Ukraine, Reuters reported. It comes as the London 'mega trial' began at the London High Court on October 2, 2024. The outlet reported...

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