AVILEASE signed MOU with SDH Wings for supply of up to 20 aircraft; initial five widebodies have been identified from its portfolio. It took 10% stake in SDH Wings as part of acquisition of the aircraft leasing platform of Standard Chartered.
DAE received US$118m cash payment under insurance settlement with Russian insurance company, NSK, for aircraft and engines formerly leased to AEROFLOT, detained in Russia. It has now released claim against all relevant parties.
