DAE Secures $118M Settlement For Stranded Russian Aircraft

aircraft
Credit: DAE
LONDON—Dubai Aerospace Enterprise’s (DAE) aircraft leasing arm has received a $118 million insurance settlement for seven aircraft and engines that were previously leased to Russian carrier Aeroflot. DAE said the cash settlement came from Aeroflot’s Russian insurance company NSK and that it was “in...
Victoria Moores

Victoria Moores joined Air Transport World as our London-based European Editor/Bureau Chief on 18 June 2012. Victoria has nearly 20 years’ aviation industry experience, spanning airline ground operations, analytical, journalism and communications roles.

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