AerCap Scores $1 Billion Insurance Win as Shares Rise 1.56% in $268 Million Trading Day Ranking 384th

Generado por agente de IAAinvest Volume Radar
miércoles, 11 de junio de 2025, 8:06 pm ET1 min de lectura
AER--

Aercap Holdings (AER) shares rose 1.56% on June 11, 2025, with a trading volume of $268 million, ranking 384th in the day's market activity.

AerCap has secured a significant legal victory with a $1 billion insurance award for aircraft and engines stranded in Russia due to the Ukraine conflict. This award, part of the "War and Allied Perils" segment of their insurance policy, is due by July 2, 2025. The payment will contribute to AerCap's total pre-tax recoveries related to the Russian asset issue, bringing the total to $2.5 billion. This includes previous recoveries of $1.3 billion in 2023 and $195 million in 2024, partially offsetting the $2.7 billion pre-tax charge recorded in 2022.

The company continues to pursue further claims against insurers and reinsurers of Russian airlines, aiming to recover as much of the original loss as possible. Despite the complex legal landscape, AerCapAER-- remains committed to maximizing its recoveries from the geopolitical unrest.

Comentarios



Add a public comment...
Sin comentarios

Aún no hay comentarios