Leasing

DAE receives $118 million cash insurance settlement for aircraft previously on lease to Aeroflot

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DAE receives $118 million cash insurance settlement for aircraft previously on lease to Aeroflot

Dubai Aerospace Enterprise (DAE) has received a cash insurance settlement with proceeds totalling approximately $118 million in respect of aircraft previously on lease to Aeroflot. This represents a settlement of DAE’s insurance claims relating to seven aircraft and associated engines previously o...

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