Shutterstock_281588774 / Air Lease Corporation
22 December 2023Insurance

Air Lease takes $65m for aircraft lost to Siberia Airlines

Aircraft lessor Air Lease Corporation received a $64.9 million insurance settlement on its claims against some of the aircraft it had on lease to Siberia Airlines at the time of Russia’s invasion of Ukraine in February 2022.

Already registered?

Login to your account

To request a FREE 2-week trial subscription, please signup.
NOTE - this can take up to 48hrs to be approved.

Two Weeks Free Trial

For multi-user price options, or to check if your company has an existing subscription that we can add you to for FREE, please email Elliot Field at efield@newtonmedia.co.uk or Adrian Tapping at atapping@newtonmedia.co.uk


More on this story

Insurance
22 December 2023   AerCap had first major deal on Aeroflot planes, now settles with two more airlines.
Insurance
21 December 2023   The $118m deal puts paid to claims on 7 lost planes & engines; remaining cases plod on.
Insurance
3 October 2023   SMBC Aviation Capital still pursuing court claim against Lloyd’s & ten insurers.