Air Lease gets insurance settlement for four jets stranded in Russia

The settlement amount, received from the Russian insurance firm NSK, covers three A320-200 and one A321-200 aircraft that were leased to S7 Airlines. It does not include the five A321-200neo aircraft previously leased to S7. Before the invasion of Ukraine last year, Russia was a major market for aircraft lessors, which bought jets from Boeing and Airbus and leased them to airlines in the country.