AerCap N.V.(US:AER) Benzinga·2025-09-19 14:36Core Viewpoint - AerCap Holdings has disclosed new insurance recoveries related to aircraft stranded in Russia due to the 2022 invasion of Ukraine, which has positively impacted its liquidity and reduced legal uncertainties regarding war-risk coverage [1][5]. Group 1: Insurance Recoveries - The company received approximately EUR91 million ($106.95 million) from Russia-based insurer NSK for five aircraft previously leased to Nordwind, leading to the release of related claims against NSK, Nordwind, and certain reinsurers [2]. - AerCap's total pre-tax recoveries related to the Ukraine conflict since 2023 have reached approximately $2.9 billion, including recent cash receipts and interest awards [4]. Group 2: Legal Developments - The Commercial Court in London denied insurers' request to appeal a judgment that awarded AerCap roughly $1 billion under the war-risk section of its policy [3]. - The court also granted AerCap about $234 million in interest on that judgment, further strengthening the company's financial position [4]. Group 3: Market Reaction - Following the announcement of these recoveries, AerCap shares traded lower by 0.78% to $120.29 [5].