US EditionDubai jet leaser wins $282m settlement in Russian case
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Dubai jet leaser wins $282m settlement in Russian case
Claims resolved against involved firms Ongoing litigation in English courts Mitigating losses of Russia-leased aircraft Dubai Aerospace Enterprise (DAE), the Middle East’s largest aviation leasing company, has received a $282 million cash settlement from unnamed insurers for aircraft leased to Russian Federation carriers. This latest payment brings DAE’s total insurance recovery to $601 million. With this settlement DAE and its partners have re…
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