AerCap’s mission to recover aircraft and funds tied up in Russia since the Ukraine war kicked off has crossed the $3 billion (€2.6 billion) mark. The Irish aircraft leasing giant, in its latest quarterly earnings, disclosed that in the first six months of 2026 it had recouped $28 million from a Russian airline and its Russian insurer over two aircraft stranded in the country. This bought AerCap’s total pre-tax recoveries related to the Russia-Ukraine war to $3 billion. Lessors have been embroiled in disputes with Western insurers since 2022 over war risk coverage for aircraft that had been leased to…

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