{"id":102900,"date":"2025-04-23T00:00:00","date_gmt":"2025-04-23T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/uae\/dae-receives-usd-282-mn-in-settlements-from-ins-firms\/"},"modified":"2025-04-23T00:00:00","modified_gmt":"2025-04-23T00:00:00","slug":"dae-receives-usd-282-mn-in-settlements-from-ins-firms","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/uae\/2025\/04\/23\/dae-receives-usd-282-mn-in-settlements-from-ins-firms\/","title":{"rendered":"DAE receives USD 282 mn in settlements from ins. firms"},"content":{"rendered":"<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"> <strong>DAE <\/strong><strong>gets a USD 282 mn payout:<\/strong> Homegrown aircraft lessor Dubai Aerospace Enterprise (DAE) received nearly USD 282 mn in settlements from ins. firms for some of its jets previously on lease to airline operators in Russia, according to a <a target=\"_blank\" href=\"https:\/\/dubaiaerospace.com\/2025\/04\/22\/dae-receives-additional-us282-million-from-settlement-of-insurance-claims\/\" style=\"\" rel=\"noopener\">statement<\/a>. The move brings the total of DAE\u2019s reclaimed Russia-affiliated settlements to USD 601 mn \u2014 including those made in 2023 and 2024.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>SOUNDS FAMILIAR?<\/strong> The lessor received some <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/99cf5cc7-5f6d-4d88-94ca-a064b314cf81\/dubai-aerospace-enterprise-receives-usd-201-mn-in-settlements-from-ins.-companies\" style=\"\" rel=\"noopener\">USD 201 mn in settlements<\/a> back in December over the same dispute claim. The aforementioned carriers were subject to international leasing disputes after they were retained in Russia amid the imposition of global sanctions following the Ukraine conflict. DAE and its affiliates had previously issued claims against a number of ins. and reins. companies, including French ins. provider Axa \u2014 against which it had issued USD 737.8 mn in claims for aircraft and equipment on lease in Russia. It reportedly reached <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/1ece1565-0c5b-4100-b2f2-1d2bcdfaf4b2\/this-morning:%253cmark%253e-dae%253c%2Fmark%253e-settles-with-axa-over-jets-in-russia%3F-%2B-dragon-oil,-enoc-eye-expansions\" style=\"\" rel=\"noopener\">a full settlement with Axa<\/a> over some of its claimed jets back in October 2024. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Background:<\/strong> Russian airlines were sanctioned and <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/business\/aerospace-defense\/hard-landing-lessors-lose-hope-getting-russian-planes-back-2022-03-25\/\" style=\"\" rel=\"noopener\">required to return back<\/a> some 400 leased planes valued at almost USD 10 bn back in 2022, while some 78 planes leased out to Russia were seized abroad and would not fly back to Russia. Russia <a target=\"_blank\" href=\"https:\/\/www.bbc.com\/news\/business-60741161\" style=\"\" rel=\"noopener\">subsequently approved a law<\/a> permitting foreign jets to be registered in the country \u2014 making it harder for the carriers to be retrieved.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>What\u2019s next?<\/strong> The Dubai-based lessor said it will continue to actively pursue its legal proceedings in British courts \u2014 where many trials have taken place between ins. providers and aircraft lessors over aircraft left in Russia \u2014 including a mega trial back in October.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The aircraft lessor has so far received a total of USD 601 mn in settlements<\/p>\n","protected":false},"author":1,"featured_media":102901,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1625],"tags":[306,833,815,7],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-102900","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-dispute-watch","tag-aviation","tag-dispute-watch","tag-dubai-aerospace-enterprise","tag-enterpriseam-uae","wpautop","entry"],"acf":{"mongo_id":"262861fd-607b-4d36-9cc0-bf3a6cbd0a3f","order":"9","is_powered_by":false,"story_type":"1","photo_url":"https:\/\/ent.news\/2024\/12\/1822.jpg","photo_position":"above","homepage_title":"","full_issue_title":"Dubai Aerospace Enterprise receives USD 282 mn in settlements from ins. firms","related_issue":[102884],"teaser":"The aircraft lessor has so far received a total of USD 601 mn in settlements","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2025\/4\/.786711d4-9065-4245-abc9-f0e562eca176.mp3"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>DAE receives USD 282 mn in settlements from ins. firms - UAE<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/uae\/2025\/04\/23\/dae-receives-usd-282-mn-in-settlements-from-ins-firms\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"DAE receives USD 282 mn in settlements from ins. firms\" \/>\n<meta property=\"og:description\" content=\"The aircraft lessor has so far received a total of USD 601 mn in settlements\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/uae\/2025\/04\/23\/dae-receives-usd-282-mn-in-settlements-from-ins-firms\/\" \/>\n<meta property=\"og:site_name\" content=\"UAE\" \/>\n<meta property=\"article:published_time\" content=\"2025-04-23T00:00:00+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/i0.wp.com\/ent.news\/2024\/12\/1822.jpg?fit=%2C&ssl=1\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/uae\/2025\/04\/23\/dae-receives-usd-282-mn-in-settlements-from-ins-firms\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/uae\/2025\/04\/23\/dae-receives-usd-282-mn-in-settlements-from-ins-firms\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/uae\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"DAE receives USD 282 mn in settlements from ins. firms\",\"datePublished\":\"2025-04-23T00:00:00+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/uae\/2025\/04\/23\/dae-receives-usd-282-mn-in-settlements-from-ins-firms\/\"},\"wordCount\":268,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/uae\/#organization\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/uae\/2025\/04\/23\/dae-receives-usd-282-mn-in-settlements-from-ins-firms\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2024\/12\/1822.jpg?fit=%2C&ssl=1\",\"keywords\":[\"Aviation\",\"dispute watch\",\"Dubai Aerospace Enterprise\",\"EnterpriseAM UAE\"],\"articleSection\":[\"DISPUTE WATCH\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/uae\/2025\/04\/23\/dae-receives-usd-282-mn-in-settlements-from-ins-firms\/\",\"url\":\"https:\/\/enterpriseam.com\/uae\/2025\/04\/23\/dae-receives-usd-282-mn-in-settlements-from-ins-firms\/\",\"name\":\"DAE receives USD 282 mn in settlements from ins. firms - UAE\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/uae\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/uae\/2025\/04\/23\/dae-receives-usd-282-mn-in-settlements-from-ins-firms\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/uae\/2025\/04\/23\/dae-receives-usd-282-mn-in-settlements-from-ins-firms\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2024\/12\/1822.jpg?fit=%2C&ssl=1\",\"datePublished\":\"2025-04-23T00:00:00+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/enterpriseam.com\/uae\/2025\/04\/23\/dae-receives-usd-282-mn-in-settlements-from-ins-firms\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/enterpriseam.com\/uae\/2025\/04\/23\/dae-receives-usd-282-mn-in-settlements-from-ins-firms\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/enterpriseam.com\/uae\/2025\/04\/23\/dae-receives-usd-282-mn-in-settlements-from-ins-firms\/#primaryimage\",\"url\":\"https:\/\/i0.wp.com\/ent.news\/2024\/12\/1822.jpg?fit=%2C&ssl=1\",\"contentUrl\":\"https:\/\/i0.wp.com\/ent.news\/2024\/12\/1822.jpg?fit=%2C&ssl=1\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/enterpriseam.com\/uae\/2025\/04\/23\/dae-receives-usd-282-mn-in-settlements-from-ins-firms\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/enterpriseam.com\/uae\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"DAE receives USD 282 mn in settlements from ins. firms\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/enterpriseam.com\/uae\/#website\",\"url\":\"https:\/\/enterpriseam.com\/uae\/\",\"name\":\"UAE\",\"description\":\"The State of the Nation\",\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/uae\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/enterpriseam.com\/uae\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/enterpriseam.com\/uae\/#organization\",\"name\":\"UAE\",\"url\":\"https:\/\/enterpriseam.com\/uae\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/enterpriseam.com\/uae\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/ent.news\/internal\/42998.svg\",\"contentUrl\":\"https:\/\/ent.news\/internal\/42998.svg\",\"caption\":\"UAE\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/uae\/#\/schema\/logo\/image\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\/\/enterpriseam.com\/uae\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\",\"name\":\"enterpriseam admin\",\"sameAs\":[\"http:\/\/enterpriseam.testing.projectsarea.com\"],\"url\":\"https:\/\/enterpriseam.com\/uae\/author\/enterpriseam\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"DAE receives USD 282 mn in settlements from ins. firms - UAE","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/enterpriseam.com\/uae\/2025\/04\/23\/dae-receives-usd-282-mn-in-settlements-from-ins-firms\/","og_locale":"en_US","og_type":"article","og_title":"DAE receives USD 282 mn in settlements from ins. firms","og_description":"The aircraft lessor has so far received a total of USD 601 mn in settlements","og_url":"https:\/\/enterpriseam.com\/uae\/2025\/04\/23\/dae-receives-usd-282-mn-in-settlements-from-ins-firms\/","og_site_name":"UAE","article_published_time":"2025-04-23T00:00:00+00:00","og_image":[{"url":"https:\/\/i0.wp.com\/ent.news\/2024\/12\/1822.jpg?fit=%2C&ssl=1","type":"","width":"","height":""}],"author":"enterpriseam admin","twitter_card":"summary_large_image","twitter_misc":{"Written by":"enterpriseam admin","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/enterpriseam.com\/uae\/2025\/04\/23\/dae-receives-usd-282-mn-in-settlements-from-ins-firms\/#article","isPartOf":{"@id":"https:\/\/enterpriseam.com\/uae\/2025\/04\/23\/dae-receives-usd-282-mn-in-settlements-from-ins-firms\/"},"author":{"name":"enterpriseam admin","@id":"https:\/\/enterpriseam.com\/uae\/#\/schema\/person\/ca597032db7e4db868359c123cec256d"},"headline":"DAE receives USD 282 mn in settlements from ins. firms","datePublished":"2025-04-23T00:00:00+00:00","mainEntityOfPage":{"@id":"https:\/\/enterpriseam.com\/uae\/2025\/04\/23\/dae-receives-usd-282-mn-in-settlements-from-ins-firms\/"},"wordCount":268,"publisher":{"@id":"https:\/\/enterpriseam.com\/uae\/#organization"},"image":{"@id":"https:\/\/enterpriseam.com\/uae\/2025\/04\/23\/dae-receives-usd-282-mn-in-settlements-from-ins-firms\/#primaryimage"},"thumbnailUrl":"https:\/\/i0.wp.com\/ent.news\/2024\/12\/1822.jpg?fit=%2C&ssl=1","keywords":["Aviation","dispute watch","Dubai Aerospace Enterprise","EnterpriseAM UAE"],"articleSection":["DISPUTE WATCH"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/enterpriseam.com\/uae\/2025\/04\/23\/dae-receives-usd-282-mn-in-settlements-from-ins-firms\/","url":"https:\/\/enterpriseam.com\/uae\/2025\/04\/23\/dae-receives-usd-282-mn-in-settlements-from-ins-firms\/","name":"DAE receives USD 282 mn in settlements from ins. firms - UAE","isPartOf":{"@id":"https:\/\/enterpriseam.com\/uae\/#website"},"primaryImageOfPage":{"@id":"https:\/\/enterpriseam.com\/uae\/2025\/04\/23\/dae-receives-usd-282-mn-in-settlements-from-ins-firms\/#primaryimage"},"image":{"@id":"https:\/\/enterpriseam.com\/uae\/2025\/04\/23\/dae-receives-usd-282-mn-in-settlements-from-ins-firms\/#primaryimage"},"thumbnailUrl":"https:\/\/i0.wp.com\/ent.news\/2024\/12\/1822.jpg?fit=%2C&ssl=1","datePublished":"2025-04-23T00:00:00+00:00","breadcrumb":{"@id":"https:\/\/enterpriseam.com\/uae\/2025\/04\/23\/dae-receives-usd-282-mn-in-settlements-from-ins-firms\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/enterpriseam.com\/uae\/2025\/04\/23\/dae-receives-usd-282-mn-in-settlements-from-ins-firms\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/enterpriseam.com\/uae\/2025\/04\/23\/dae-receives-usd-282-mn-in-settlements-from-ins-firms\/#primaryimage","url":"https:\/\/i0.wp.com\/ent.news\/2024\/12\/1822.jpg?fit=%2C&ssl=1","contentUrl":"https:\/\/i0.wp.com\/ent.news\/2024\/12\/1822.jpg?fit=%2C&ssl=1"},{"@type":"BreadcrumbList","@id":"https:\/\/enterpriseam.com\/uae\/2025\/04\/23\/dae-receives-usd-282-mn-in-settlements-from-ins-firms\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/enterpriseam.com\/uae\/"},{"@type":"ListItem","position":2,"name":"DAE receives USD 282 mn in settlements from ins. firms"}]},{"@type":"WebSite","@id":"https:\/\/enterpriseam.com\/uae\/#website","url":"https:\/\/enterpriseam.com\/uae\/","name":"UAE","description":"The State of the Nation","publisher":{"@id":"https:\/\/enterpriseam.com\/uae\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/enterpriseam.com\/uae\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/enterpriseam.com\/uae\/#organization","name":"UAE","url":"https:\/\/enterpriseam.com\/uae\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/enterpriseam.com\/uae\/#\/schema\/logo\/image\/","url":"https:\/\/ent.news\/internal\/42998.svg","contentUrl":"https:\/\/ent.news\/internal\/42998.svg","caption":"UAE"},"image":{"@id":"https:\/\/enterpriseam.com\/uae\/#\/schema\/logo\/image\/"}},{"@type":"Person","@id":"https:\/\/enterpriseam.com\/uae\/#\/schema\/person\/ca597032db7e4db868359c123cec256d","name":"enterpriseam admin","sameAs":["http:\/\/enterpriseam.testing.projectsarea.com"],"url":"https:\/\/enterpriseam.com\/uae\/author\/enterpriseam\/"}]}},"featured_image_src":"https:\/\/i0.wp.com\/ent.news\/2024\/12\/1822.jpg?resize=600%2C400&ssl=1","featured_image_src_square":"https:\/\/i0.wp.com\/ent.news\/2024\/12\/1822.jpg?resize=600%2C600&ssl=1","author_info":{"display_name":"enterpriseam admin","author_link":"https:\/\/enterpriseam.com\/uae\/author\/enterpriseam\/"},"jetpack_featured_media_url":"https:\/\/i0.wp.com\/ent.news\/2024\/12\/1822.jpg?fit=%2C&ssl=1","jetpack_sharing_enabled":true,"jetpack-related-posts":[],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/uae\/wp-json\/wp\/v2\/posts\/102900","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/enterpriseam.com\/uae\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/enterpriseam.com\/uae\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/uae\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/uae\/wp-json\/wp\/v2\/comments?post=102900"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/uae\/wp-json\/wp\/v2\/posts\/102900\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/uae\/wp-json\/wp\/v2\/issue\/102884"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/uae\/wp-json\/wp\/v2\/media\/102901"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/uae\/wp-json\/wp\/v2\/media?parent=102900"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/uae\/wp-json\/wp\/v2\/categories?post=102900"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/uae\/wp-json\/wp\/v2\/tags?post=102900"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/uae\/wp-json\/wp\/v2\/brand?post=102900"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/uae\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=102900"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}